Leeco

Chinese securities regulator orders CEO of debt-ridden LeEco to return to China

The recent troubles underscore an abrupt fall from grace of one of China’s most prominent entrepreneurs.

LeEco founder Jia Yueting placed on an official blacklist of debt defaulters

Jia Yueting had his name and ID number splashed on China’s defaulter website after failing to satisfy a court order to pay more than 470 million yuan.

LeEco partners with prestigious Bollywood IIFA awards 2016

LeEco could see market value of listed unit fall by $2.5 billion due to ongoing crisis

LeEco could see the market value of its listed unit fall around $2.5 billion, showed estimates from three mutual fund investors.

LeEco founder Jia Yueting resigns as chairman of its main listed unit to focus on electric car business

The announcement came after Jia on social media promised to repay debt and reaffirmed LeEco's electric car commitment.

LeEco under growing pressure from creditors and investors after bank freezes assets over late payments

Partners and suppliers are re-examining their exposure to the troubled group.

Funds raised in recent months not enough to help LeEco come out of cash crunch: Chairman

LeEco is struggling to support its goals that include beating Elon Musk's Tesla Motors in premium electric vehicle making.

China's LeEco to cut jobs in US amidst cash crunch

Chinese conglomerate LeEco plans to cut their workforce in the US down to only 60 from 500 as they streamline global operations to shake off a cash crunch.

China's LeEco founder steps down amidst cash crunch

Chinese conglomerate LeEco's CEO Jia Yueting stepped down after the company began to streamline and cut debt after rapid expansion leading to a cash crunch.

LeEco announces Le Pro 3 AI Edition smartphone with dual-camera setup in China

LeEco's first dual-camera equipped smartphone is finally out and it comes with its very own AI assistant.