LeEco secures $600 mn funding; Gao Jun new APAC president

LeEco IndiaChinese internet and technology conglomerate LeEco on Tuesday announced receiving $600 million in funding from Chinese institutional investors and that it has appointed Anthony Gao (Gao Jun) as new President for its Asia-Pacific (APAC) region.

Gao currently heads LeEco’s virtual reality (VR) and augmented reality (AR) as well as MFL (Made for LeEco) arms, the company said in a statement.

“True innovative entrepreneurs can see the investment value of LeEco and its enormous growth potential in the future,” said Hank Liu Hong, co-founder and Vice Chairman of LeEco.

IANS

 

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Africa Smartphone Market Grows 3% in Q1 2026 as Premium Shift Challenges Affordable Segment

According to the latest research from Omdia, smartphone shipments...

Xiaomi boosts Smartphone, AIoT and AI ecosystem with record ASP and 1.1 bn connected devices

Xiaomi reported revenue of RMB99.1 billion for the first...

Europe Smartphone Market Grows 2% in Q1 2026 as Samsung and Apple Lead Premium Shift

Europe’s smartphone market excluding Russia recorded resilient growth during...

Motorola Enters India’s Top 5 Smartphone Brands as Market Share Reaches 8.9% in Q1 2026

Motorola has strengthened its position in India’s highly competitive...