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Companies

Tencent and JD.com lead $437m investment in LeEco unit

Founder Jia Yueting's EV start-up Faraday also receives $2bn injection

Jia Yueting poses in front of the LeEco logo.

BEIJING (Financial Times) -- Tencent and JD.com are part of a consortium of 10 private investors that have agreed to buy a $437m stake in a subsidiary of ailing tech conglomerate LeEco.

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