Sentences with phrase «chinese tech conglomerate»

The Dublin - registered firm, which has received funding from both Goldman Sachs and Chinese tech conglomerate Baidu, will use many of these new hires to improve customer support and operations at Poloniex, which Circle reportedly acquired for $ 400 million in one of the largest deals in the industry's history.

A year ago, Chinese tech conglomerate LeEco, often known as «the Netflix of China,» was flying high.

The Chinese tech conglomerate has been eyeing room for growth beyond its home country to serve up music.

Multiple former Faraday Future employees believe that he has remained stateside not only to run the company, but as a way to avoid paying numerous debts in China, as well as the turmoil at LeEco, the Chinese tech conglomerate he founded.

Chinese tech conglomerate LeEco is in talks to sell a prized property asset in the heart of Beijing it acquired in a $ 420 million deal last year.

On Tuesday, electric car startup Faraday Future's main financier — the Chinese tech conglomerate LeEco — announced a significant round of layoffs at its US operations.

On Tuesday, electric car startup Faraday Future's main financier — the Chinese tech conglomerate...

Aston Martin's EV partnership with financially troubled Chinese tech conglomerate LeEco is dead on arrival, but the British marque is going ahead with its first all - electric model.

Circle, which has received funding from both Goldman Sachs and Chinese tech conglomerate Baidu, also announced that it will hire 100 employees to expand into Asia and improve operations at Poloniex, which the company reportedly acquired for $ 400 million last month.

BEIJING / SHANGHAI (Reuters)- Chinese tech conglomerate LeEco's sports unit said it completed a new round of funding that valued it at 24 billion yuan ($ 3.50 billion) and that its investors will form a new committee to supervise its finances.

Separately, Chinese tech conglomerate LeEco announced on Tuesday that it will buy US - based TV maker Vizio for $ 2 billion in cash.

Not exact matches

Chinese tech giants Tencent, JD.com, electronics retailer Suning and property developer Sunac have teamed up to invest $ 478m in television maker New Leshi Smart Home, an affliate of troubled technology conglomerate LeEco.

The founder of debt - laden tech conglomerate LeEco has defied orders from Chinese regulators to return to the country before end - 2017, saying he needed to stay in the United States as a fundraising for his electric car startup was making progress.

HONG KONG (Reuters)- Dalian Wanda Group's commercial property arm has snagged a $ 5.4 billion investment from a group led by tech giant Tencent Holdings, one of the Chinese conglomerate's biggest deals aimed at easing financial strains and streamlining operations.

The news, first reported by The Nevada Independent, broke less than a week after it was reported that a Chinese court froze $ 182 million in assets of Jia Yueting, founder of tech conglomerate LeEco and a major investor in FF.

But the episode highlights the financial difficulties that have plagued the company from the outset — an issue that's noteworthy ever since Faraday's main financier, the Chinese tech - conglomerate LeEco, announced last month that it was slashing its U.S. workforce and dramatically scaling back its operations in the nation.

Chinese internet conglomerate Tencent announced a blockchain research partnership with multinational tech corporation Intel at a conference yesterday.

Chinese e-commerce and tech conglomerate Alibaba has quietly launched a cryptocurrency mining platform, according to an unconfirmed local media report.