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Jia Yueting News
LeEco founder defies China return order, stays in US for car fundraising
Tue, Jan 02, 2018
The founder of debt-laden tech conglomerate LeEco has defied orders from Chinese regulators to return to the country before end-2017, saying he needed to stay in the United States as a fundraising for his electric car startup was making progress.
LeEco boss asks for time, pledges to pay back debts
Thu, Jul 06, 2017
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.
China's LeEco to sell 43-acre US Silicon Valley site amid cash crunch: Sources
Fri, Mar 17, 2017
LeEco is looking to sell a 49-acre US Silicon Valley property less than a year after buying it from Yahoo Inc, sources said.
China's technology firm LeEco fires 85% employees of Indian unit; may exit from India in next few months
Fri, Mar 03, 2017
China's technology company LeEco is reported to have fired 85% of its staff in India and may exit from its operations in the country in next few months.
Electric car start-up Faraday Future unveils first production car
Wed, Jan 04, 2017
The electric car was launched at CES 2017 that it would begin taking reservation for deliveries in 2018 with a $5,000 deposit for its FF91 model.