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Jia Yueting LeEco

Le Eco Says It’s Selling Beijing Mall to China Vanke for RMB 4 Bil

2017/06/15 by Michael Cole Leave a Comment

Cash-strapped Chinese tech giant LeEco is said to be telling creditors that it is close to scoring a major windfall on the sale of a Beijing mall to China Vanke as entrepreneur Jia Yueting scrambles for cash.

CFO Zhang Wei… Read More>>

Jia Yueting LeEco

Le Eco Selling 49 Acre Silicon Valley Site for $260M in Cash Crunch

2017/03/19 by Michael Cole Leave a Comment

LeEco is a shooting star, and as the Chinese tech conglomerate and would-be Tesla competitor crashes from the heavens, it may just be jettisoning an asset that it talked up as the future home of 12,000 US employees just six… Read More>>

Jia Yueting LeEco

China’s Le Eco Big on Ideas, But Now Short on Cash After $250M US Real Estate Deal

2016/11/15 by Cheyenne Hollis Leave a Comment

When Chinese tech firm LeEco paid Yahoo $250 million for a California site this June, it looked like another mainland giant that had limitless cash and all the answers.

However, after the co-founder of the company referred to as the… Read More>>

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