LeEco boss asks for time, pledges to pay back debts
Concerns about Jia`s position at LeEco were raised after Chinese newspapers reported this week that he was no longer LeEco`s legal representative. Additionally, earlier this week $182 million of assets owned by Jia or the firm were frozen by a court in Shanghai.
FILE PHOTO: Jia Yueting, co-founder and head of Le Holdings Co Ltd, poses for a photo in front of a logo of his company in Beijing. Pic: Reuters