LeEco Talks About Its “Overstretched” Overseas Expansion

Chinese company’s expansion to U.S. market has never been easy and smooth. LeEco expanded its business to U.S. this year, and LeEco’s CEO Jia Yueting’s letter obtained by the Global Times on Monday showed that the company’s expansion to U.S. had gone too far, despite the limited capital and resources, resulting in “an apparent lack of momentum” in … Continue reading LeEco Talks About Its “Overstretched” Overseas Expansion