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18 April 2018

New Leshi Smart Home gets $477m housewarming gift

Sunac, Tencent, Suning and reportedly supplied $318m for the smart TV maker, an affiliate of LeEco, the rest coming in convertible debt.

Author: Robert Lavine, News Editor

New Leshi Smart Home, an affiliate of China-based consumer electronics producer LeEco, has raised RMB3bn ($477m) from investors including several corporates, China Money Network reported today.