LeEco's publicly listed arm says $890 mn debts due in 2018
Cash-strapped technology group LeEco's publicly listed arm Leshi Internet has said that $890 million of its debts would be due by the end of this year. This is the first time the video-streaming firm has provided an estimate for its debt in 2018. Leshi, whose shares dropped by 10% on Monday, currently has a market capitalisation of $3.7 billion.