Jia Yueting
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How Faraday Future Went From The Brink Of Bankruptcy To Being Listed On The Nasdaq
In 2020 it managed a $9 million load from the Paycheck Protection Program and finished the year with just $1 million in the bank.
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Tech Icon Ordered Back To China Sends Wife Instead
A major Chinese tech entrepreneur has defied regulators' orders to return home, writing Tuesday that his wife and brother would deal with the debt woes plaguing his LeEco conglomerate.
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LeEco Founder Jia Yueting Summoned to China by Regulator
China's securities regulator has formally ordered the founder of indebted tech conglomerate LeEco to return to China and sort out a mounting debt pile linked to his firms.
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Hong Kong Arm of China's LeEco Files for Liquidation
LeEco has struggled to pay its debts after rapid expansion led to a cash crunch, share price plunge and multiple defaults.
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Vizio Sues LeEco Over Failed Merger Attempt, Adding to the Chinese Firm's Financial Woes
After calling off the deal to acquire US TV maker Vizio, LeEco is being sued for failing to pay buyers termination fee, adding more problems to the cash-strapped company.
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LeEco Founder Jia Yueting Resigns as Chairman of Listed Unit
The announcement came after Jia on social media promised to repay debt and reaffirmed LeEco's electric car commitment.
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LeEco Founder Jia Yueting Asks for Time, Pledges to Pay Back Debts
Jia, writing in a post on his public WeChat account, apologised for causing worry, pledged to pay back LeEco's debts and to stick to its ambitious electric vehicle project.
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LeEco Chairman Says Cash Crunch 'Far Worse Than Expected'
Jia Yueting said the group would undergo further consolidation in coming quarters and possibly sell some assets and equity.
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LeEco Unit Leshi Scraps Plans to Issue Bonds
Leshi's parent LeEco, founded by Chinese entrepreneur Jia Yueting, has been suffering a cash crunch due to its heady expansion.
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LeEco Confirms Layoffs in the US, Cuts 325 Jobs
The layoffs were reported to represent about 70 percent of the LeEco's US staff.
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How Faraday Future Went From The Brink Of Bankruptcy To Being Listed On The Nasdaq
In 2020 it managed a $9 million load from the Paycheck Protection Program and finished the year with just $1 million in the bank.
-
Tech Icon Ordered Back To China Sends Wife Instead
A major Chinese tech entrepreneur has defied regulators' orders to return home, writing Tuesday that his wife and brother would deal with the debt woes plaguing his LeEco conglomerate.
-
LeEco Founder Jia Yueting Summoned to China by Regulator
China's securities regulator has formally ordered the founder of indebted tech conglomerate LeEco to return to China and sort out a mounting debt pile linked to his firms.
-
Hong Kong Arm of China's LeEco Files for Liquidation
LeEco has struggled to pay its debts after rapid expansion led to a cash crunch, share price plunge and multiple defaults.
-
Vizio Sues LeEco Over Failed Merger Attempt, Adding to the Chinese Firm's Financial Woes
After calling off the deal to acquire US TV maker Vizio, LeEco is being sued for failing to pay buyers termination fee, adding more problems to the cash-strapped company.
-
LeEco Founder Jia Yueting Resigns as Chairman of Listed Unit
The announcement came after Jia on social media promised to repay debt and reaffirmed LeEco's electric car commitment.
-
LeEco Founder Jia Yueting Asks for Time, Pledges to Pay Back Debts
Jia, writing in a post on his public WeChat account, apologised for causing worry, pledged to pay back LeEco's debts and to stick to its ambitious electric vehicle project.
-
LeEco Chairman Says Cash Crunch 'Far Worse Than Expected'
Jia Yueting said the group would undergo further consolidation in coming quarters and possibly sell some assets and equity.
-
LeEco Unit Leshi Scraps Plans to Issue Bonds
Leshi's parent LeEco, founded by Chinese entrepreneur Jia Yueting, has been suffering a cash crunch due to its heady expansion.
-
LeEco Confirms Layoffs in the US, Cuts 325 Jobs
The layoffs were reported to represent about 70 percent of the LeEco's US staff.
