LeEco facing financial crunch, admits company’s chairman Jia Yueting

China’s LeEco chairman, Jia Yueting has confessed that the company is facing a severe financial crunch and difficulty in raising funds as a result of business expansion. We saw this coming two weeks back when the Chinese-handset maker has been accused of late payment to its smartphone suppliers and a construction contractor in vehicle factory in … Continue reading "LeEco facing financial crunch, admits company’s chairman Jia Yueting"

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