Former LeEco CEO Jia Yueting banned from train and air travel
LeEco founder Jia Yueting has been banned from luxury air and rail travel. The restrictions include a complete prohibition on traveling on flights and …
Tag: leeco
Top 3 Chinese tech fails of 2017
The year 2017 was great for many tech firms in China. Tencent briefly outdid Facebook in market valuation reaching a $500 billion valuation mark. Touti…
Another corruption scandal hits Huawei with its top executive suspected of bribery
The executive vice president of Huawei's consumer business group Greater China, Teng Hongfei, has been taken away by the public security, according to …
LeEco rumored to sell its building in Beijing
Cash-strapped LeEco is rumored to sell its headquarter building in Beijing (in Chinese) off the fourth-ring road with the price at RMB 1.4 billion ($21…
Chinese electric carmakers might not be ready, but the money is
In recent years, a raft of Chinese entrepreneurs have been going around pitching and fundraising for their electric vehicle startups, but consumers hav…
Court to freeze LeEco and founder assets
A Beijing court has approved China Construction Bank (CCB)'s application to freeze the assets of LeTV Holdings and LeEco founder Jia Yueting, with a to…
Judging Chinese tech companies by their Glassdoor reviews, part 2
Editor’s note: This was contributed by Elliott Zaagman a trainer, coach, and change management consultant who specializes in aiding Chinese companies a…
Mobike co-founder sues Q&A site Zhihu for defamation
Mobike co-founder Hu Weiwei is suing the operators of Q&A website Zhihu (知乎) for defamation after a user on the site claimed Mobike staff were invo…
VP of TV unit takes over as CEO of Leshi, YT Jia to remain chairman
The troubled LeEco is facing yet another major shakeup and this time it’s from a management reshuffle. Jia Yueting, the legendary Chinese corporate …
4 culture and globalization lessons from LeEco’s successes and failures
Editor’s note: This was contributed by Elliott Zaagman a trainer, coach, and change management consultant who specializes in aiding Chinese companies a…
[Updated] Ride-hailing service Yidao teetering amid financial, regulatory woes
Update, 08 May 2017, 1530: Yidao announced today it has obtained the online car-hailing license from Beijing Municipal Committee of Communications. Goo…
Leshi Internet rumored to have new president
Smart TV maker Leshi Zhixin's (乐视致新 in Chinese) president Liang Jun is rumored to take up the post of president of its parent Leshi Internet Informatio…