Sunac China Holdings Infuses LeEco

[  Beijing, CHINA  ]

Sunac China Holdings (Hong Kong) is making a $2.18 billion investment in LeEco group, providing funding to several LeEco group companies.  Sunac China Holdings is affiliated with China’s Sunac group.

LeEco Group was founded in 2004, and has active ventures in film, consumer electronics (including televisions and mobile phones), automobiles, and technology sectors.  The group is led by Jia Yueting.