LeEco’s Jia Yueting Hits The Brakes As Overexpansion Strains Finances

leecoDuring the past two weeks, Chinese Internet and technology company LeEco has been hit with multiple negative news. It was late in paying its smartphone suppliers and a construction contractor tasked to build its smart vehicle factory in Nevada. It has also incurred massive delays in smartphone shipment. As a result, the company's stocks plummeted […]


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