New Leshi Smart Home channels $437m

Apr 24, 2018 • Thierry Heles

New Leshi Smart Home, the smart TV affiliate of conglomerate LeEco, has received $437m in funding from investors co-led by e-commerce group JD.com and internet company Tencent, the Financial Times has reported.

The round featured 10 participants including consumer electronics manufacturers Lenovo and TCL, real estate developer Evergrande and, according to China Money Network, property developer Sunac China Holdings and retail group Suning Holdings.

New Leshi Smart Home manufactures internet-connected television sets and markets them under the LeTV Super TV…

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