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KM Financial Solutions | CORRECTED-China’s Leshi Internet flags $1.8 bln loss for 2017, citing LeEco cash crunch
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CORRECTED-China’s Leshi Internet flags $1.8 bln loss for 2017, citing LeEco cash crunch

30 Jan CORRECTED-China’s Leshi Internet flags $1.8 bln loss for 2017, citing LeEco cash crunch

Posted at 03:52h in News by
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HONG KONG, Jan 31 (Reuters) – Chinese video-streaming firm
Leshi Internet Information & Technology said it
expects a net loss of 11.6 billion yuan ($1.83 billion) for
2017, citing a cash crunch at embattled technology conglomerate
LeEco that hurt its revenues.

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