LeEco’s Cloud Unit Leads $54M Funding Round In Panda TV

pandatvLeEco's cloud computing unit has led a RMB360 million (US$54 million) funding round in Panda TV, an online live video streaming platform launched by Wang Sicong, the son of Dalian Wanda Group chairman Wang Jianlin. In return, Le Cloud will own around 15% of Panda TV, indicating that the one-year-old start-up is valued at RMB2.4 […]

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