In July 2016, Vizio announced that LeEco would purchase Vizio with a wholly-owned price of US $2 billion. After the acquisition, Vizio would continue to operate as a subsidiary of LeEco. On April 11, it was reported that LeEco had announced that its acquisition plan for Vizio had failed due to "adverse regulatory factors". Although the acquisition failed, they will still maintain a cooperative relationship. LeEco and Vizio have reached an agreement that Vizio will integrate LeEco's ecological software into Vizio's platform, and LeEco will help Vizio introduce their products to the domestic market.

At present, China does have further restrictions on the regulation of enterprise mergers and acquisitions, but this does not seem to be the reason why LeEco gave up its $2 billion acquisition of Vizio. In the current situation of LeEco, you can choose Baidu. The answer to the failure of the acquisition is obvious