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New investor of Yidao Yongche displaces LeEco as majority shareholder

06/30/2017|11:40:05 AM|

Chinese ride-hailing firm Yidao Yongche announced that it has brought in a new investor which will replace LeEco as controlling stakeholder of Yidao.

Letv Auto acquires 70% stake in Yongche

10/21/2015|5:34:04 PM|

Letv Auto will acquire a 70% stake in Yongche to completed the service loop of its Smart Car project.

Letv invests in Yongche’s D Series financing to become major shareholder

10/21/2015|12:24:39 PM|

Yongche has revealed t has completed a D Series financing round and will restructure its shareholding structure to make Letv its largest shareholder alongside Ctrip.

Huaxue Zhushou raises US$1.88 million in angel investment

10/16/2015|6:49:35 PM|

Vertical online platform for ski activities Huaxue Zhushou raised RMB12 million in an angel investment that has LETV Sports as lead investor.

Podinn Hotel gets New Third Board listing

10/19/2016|5:16:15 PM|

Budget hotel operator Podinn Hotel was listed on New Third Board on October 17. It registered RMB 1.98 million net loss in 2015 and RMB 12.18 million net income in 2014.

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