LeEco 乐视生态 Stumbles

choi

Leo Kelion, Fresh Blow to China's Troubled Tech Giant LeEco. BBC, Nov 21, 2016.
http://www.bbc.com/news/technology-38050091

Note:
(a) "Coolpad's 酷派集团 stock dropped to a four-year low after it announced that sales had fallen by 43% over the first 10 months of 2016. It now expects to post a £3bn Hong Kong dollar ($386.8m; £313.2m) loss for its financial year as a whole.  LeEco became the firm's biggest shareholder in June, when it raised its stake in the company to 28.9%."

LeEco  乐视生态
https://en.wikipedia.org/wiki/LeEco
(is a group of companies whose holding company WAS 乐视控股(北京)有限公司 Leshi Holding (Beijing) Co, Ltd; It has launched six smartphones under its Le brand – the Le 1, Le 1 Pro, Le Max ]乐Max], Le 1s, Le 2 [乐2] and Le Max 2)

Founded by Jia Yueting 贾跃亭 in 2000.
(b) "Faraday Future confirmed that it had halted work on a huge factory in Las Vegas due to build a second vehicle bankrolled by LeEco."

Faraday Future
https://en.wikipedia.org/wiki/Faraday_Future
(is a Chinese [ie, LeEco]-backed, American start-up technology company focused on the development of intelligent electric vehicles; established in 2014; headquartered in Gardena [next to southern border of City of Los Angeles], California; management is American)