LeEco’s Supercar Unit Raises $1.08B From Lenovo, Yingda Capital And Others

leshiChinese Internet company LeEco says its electric car affiliate Le Supercar has raised US$1.08 billion from Lenovo, Yingda Capital, a venture capital firm backed by State Grid, Shenzhen Municipality-backed Shenzhen Capital Group, China Minsheng Trust, Macrolink Group and Hongzhao Capital. Company founder, Jia Yueting, announced the news yesterday via a televised evening gala broadcasted on […]

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