Photos: Jia Yueting’s glorious and dim days at…

Jia Yueting is stepping down as CEO of Leshi Internet Information & Technology Corp Beijing but will remain as chairman. The firm is part of his business empire known as LeEco. The company has undergone…

LeEco’s EV arm LeSee sends off its co-founder…

Ding Lei, co-founder of LeSEE, has stepped down from his current positions as Global Vice Chairman and CEO for China and the Asia-Pacific region. He is not leaving the company, rather, he will take on…

Troubled LeEco sells TV business shares in a…

Leshi Zhixin, LeEco’s television subsidiary, on Tuesday night announced that had received RMB 720 million (USD 105 million) financing from Truly Electronics Co. The new buyer will be the fifth largest shareholder of Leshi Zhixin,…

Why did LeEco get everyone talking at CES?

Timmy Shen Are you familiar with LeEco? The French-sounding name might be confusing for some, but the Chinese tech giant has set its foot in the US, launching its ambitious expansion there last year. As…

Cash-strapped LeEco lands USD 2.4 B investment and…

Heather Wang in Beijing Chinese tech giant LeEco announced a partnership with its strategic investor Sunac China on Sunday. Sunac was the major contributor of a RMB 16.8 billion (USD 2.4 billion) investment in LeEco,…

Faraday Future sets preorder of FF 91 EV…

California-based electric car company Faraday Future unveiled FF 91, its first car made for production, at CES 2017. We were among 100 local media outlets invited to watch the livestreaming of the event launch at…

What led tech giant LeEco into troubled waters

A photo of the staff of Chinese tech giant, LeEco, lining up en masse for departure procedures last week went viral on Chinese social networks. It was taken at LeEco’s human resources service center. LeEco…