LeEco and Vizio called off their merger agreement in the spring, citing “regulatory headwinds” at the time. This in-depth look at LeEco’s money woes paints a troubling picture for the future of the ambitious tech manufacturer.
“Behind the doors of the five-star Bohao Radegast Hotel in Beijing’s central business district on Monday, troubled Chinese tech conglomerate LeEco held an extraordinary shareholder’s meeting to elect new directors. Outside, some two dozen protesters set up tables and held up signs asking to be paid what they were owed for services rendered.”