LeEco Abandons $2B Deal For Vizio

China’s LeEco has scrapped a planned $2 billion acquisition of U.S. consumer electronics company Vizio due to regulatory issues, a fresh setback to the cash-strapped Chinese conglomerate’s expansion drive.

LeEco To Launch Smart TVs, Streaming In U.S.

China’s LeEco Buys TV Maker Vizio For $2 Billion