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China's Coolpad raises $300 mn to boost artificial intelligence capability

TMT

19 January, 2018

China's Coolpad raises $300 mn to boost artificial intelligence capability

Smartphone-maker Coolpad has raised $300 million (Rs 1,910 crore) from Chinese property mogul Chen Hua-backed Power Sun Ventures to enhance ......

LeEco fires 85% staff, likely to exit India

TMT

03 March, 2017

LeEco fires 85% staff, likely to exit India

Chinese smartphone maker LeEco, which previously indicated financial strains, has fired 85% of employees in India and is likely to ......

China's LeEco in talks with strategic investor to raise $1.4 bn

TMT

29 December, 2016

China's LeEco in talks with strategic investor to raise $1.4 bn

China's cash-strapped LeEco said it is in talks to secure 10 billion yuan ($1.4 billion) from an unidentified strategic investor, ......