Technology has helped demolish walls between different industries and many tech giants are investing in different sectors. LeEco stands out amongst its peers for its ambition and audacity, its ultimate ambition is to build an ecosystem through quick—and diversified—acquisitions and investments. The company has transformed from one focusing on just video content to one that makes smart TVs, smartphones and even cars and virtual reality headsets. Although many people doubt its capabilities, the company seems to be doing well financially. But what does the future hold? Will its audacious plans succeed?
As China’s tech giants expand and diversify, a new era of digital conglomerates is dawning.
From LeTV to OnePlus, the new contenders for the top spot in the Chinese smartphone market.
Online video platform LeTV believes its new smartphone can demolish competition. Is that too wild an ambition?
Xiaomi has attained an enviable position in the Chinese smartphone market. But will its current strategies help it retain its prized spot as it gains scale?
This week, all eyes were on the 2014 China GDP figure, which at 7.4% was lower than the target of 7.5%; Tencent created a mini ad frenzy on WeChat; and LeTV’s electric car plans inched a step closer to fruition.