China: Le Sports valued at nearly €3bn after a fundraising of 8 billion yuan (€1.1bn)
Le Sports, the sports portal of LeEco, the Chinese technologies and digital content company, conducted a second round of fundraising of 8 billion yuan (€1.1bn) which now values the streaming platform at 21.5 billion yuan (€2.96bn), announced Jia Yueting, the CEO of LeEco, on 27/03/2016. Le Sports, previously called LeTV, had made a first...