Le uh-oh: Chairman’s personal assets frozen as LeEco’s debt crisis worsens

It’s been a difficult year for LeEco, and it looks as though things may be about to go from bad to worse. The Chinese tech firm had ambitious plans to break into the US market, particularly with its Le Mobile phones, but mounting debt and poor sales leave it in a perilous position. Just last month we learned that Jia Yueting was voluntarily leaving his position as CEO at the same time as around 70% of the organization’s US workforce was let go.

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Le uh-oh: Chairman’s personal assets frozen as LeEco’s debt crisis worsens was written by the awesome team at Android Police.

from Android Police – Android News, Apps, Games, Phones, Tablets http://ift.tt/2up1ZCy

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About ishubhamsingh

Hello TechGeeks!! I am Shubham Singh -a student,a mistakemaker,a learner,a TechGeek like you,who wants to share all that i know about softwares,cracks,keygens and general computer tweaks & tricks with you through this blog.

Posted on July 5, 2017, in android, Android Police – Android News, apps, Games, Phones, tablets and tagged , , , , , , . Bookmark the permalink. Leave a comment.

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