LeEco, China’s Rising Tech Star, Can’t Catch a Break
A year ago, Chinese tech conglomerate LeEco, often known as “the Netflix of China,” was flying high. By many measures, the quickly growing company appeared poised to become a global consumer electronics powerhouse. How quickly things have changed course. After a splashy U.S. launch of low-priced smartphones, smart TVs, and electric bikes, the company admitted…
