LeEco, the so-called “Netflix of China”, was supposed to take the US tech scene by storm. Instead, its ambitious plans appear to be collapsing. Six months after a splashy US launch, Bloomberg reports that LeEco missed its 2016 US sales goals “by a wide margin” and that it is planning…
We’re living in the age of cheap flagship smartphones. Sure, the big guys like Samsung, Apple, and Google are all selling phones that start at $1000, but a growing number of Chinese brands are hitting international markets with high-quality phones with dazzling specs and low prices.
Unless you’re spending a lot of time in mainland China you’ve probably never heard of LeEco. But you should know LeEco. In 2015 the company sold more phones than Apple. Its web series, Go Princess Go, was one of the most watched web series in China, before censors had it…