Leeco Sells Off Sprawling San Jose Us Headquarters To A Chinese Developer Group
The report by Silicon Valley Business Journal hasn’t revealed the precise financial details of the acquisition. Last year, LeEco had paid Yahoo a whopping $250 million for acquiring this property and it’s very unlikely that the Chinese firm has sold it for anything less. Recently, we had reported that LeEco is in talks to sell off this plot to another Chinese developer called Genzon Group. Industry analysts were then speculating a resale price of $260 million....