Tencent exec likens LeEco to a “Ponzi scheme” as its parent company takes a fall

Posted on by Jules Wang
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Leshi, which started as a streaming media company in China, is struggling to retain subscribers and is working towards paying off billions in debt.

The post Tencent exec likens LeEco to a “Ponzi scheme” as its parent company takes a fall appeared first on Pocketnow.

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