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You are here: Home / Archives for LeEco

LeEco

LeEco Appears to be Falling…Hard

May 24, 2017 by Ted Leave a Comment

LeEco logoWhat started as a roar appears to be ending as a whimper, as Asian wannabe-giant LeEco announced this week plans to lay-off nearly 70% of their entire U.S. workforce. This significant retrenchment occurs just weeks after its proposed $2 billion acquisition of Vizio fell apart just before closing, and suggests the company, which is in multiple businesses, may have gotten ahead of itself…and ahead of its funding.

See more on this dramatic announcement from LeEco… [Read more…] about LeEco Appears to be Falling…Hard

Filed Under: Brands, Financial, Management, News, Pivot Point, Strategy Tagged With: funding, LeEco, Vizio

As We Suspected, The Deal is Off Between LeEco & Vizio

April 12, 2017 by Ted Leave a Comment

Photo of Vizio D Series TVLess than a week after we questioned whether Chinese manufacturer LeEco would be able to actually complete its proposed $2 billion acquisition of Vizio, we received a note from a Vizio-connected official, saying that “the merger agreement to acquire Vizio will not proceed…” Given our report last week, this shouldn’t be a big surprise to Strata-gee readers…and it certainly was not to us.

But where do things between LeEco and Vizio go from here? Read on… [Read more…] about As We Suspected, The Deal is Off Between LeEco & Vizio

Filed Under: Asian Connection, Financial, Management, News, Pivot Point Tagged With: acquisition, LeEco, Vizio

LeEco Just Missed Its Payroll, Can It Still Buy Vizio?

April 5, 2017 by Ted 2 Comments

Vizio logoBloomberg is reporting that Chinese mega brand LeEco missed its normal payroll at the end of March, telling employees it would pay them a few days later. While this is a situation that is not unfamiliar to many small business owners, LeEco is anything but your typical small business owner. They are supposedly in the final stages of a $2 billion acquisition of major TV brand Vizio.

But if LeEco can’t make their own payroll…how can they still buy Vizio?

Read on to see what we know about LeEco and Vizio… [Read more…] about LeEco Just Missed Its Payroll, Can It Still Buy Vizio?

Filed Under: Asian Connection, Financial, Manufacturers, News, Pivot Point, Strategy Tagged With: acquisition, LeEco, Vizio

LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio

July 27, 2016 by Ted Leave a Comment

LeEco logoLe Holdings Co. Ltd. (LeEco), a Chinese company with unusual multi-business aspirations, announced this week that they had acquired Vizio, a U.S. manufacturer of affordable televisions, in a deal worth $2 billion. The deal will serve as LeEco’s entry into the U.S. market with its unusual mix of products.

See more on this deal which will bring a whole new line of technology to the U.S… [Read more…] about LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio

Filed Under: Asian Connection, Brands, Financial, Industry Trends, Manufacturers, News, Pivot Point, Strategy Tagged With: acquisition, LeEco, Vizio

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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