'Chinese Netflix' Enters US Market


A Chinese company, often referred to as 'The Netflix of China', is set to enter the US market.

Yahoo News has reported that LeEco could provide services to rival some of the biggest names in technology, including Apple and Google.

In China, LeEco has a multi-platform offering, including TV and mobile services, alongside cloud computing.

The firm recently purchased space in Silicon Valley from Yahoo in a $250 million land transaction.

Analysts have suggested that the land may be used to built a cutting-edge research centre, to support US expansion.



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