Thursday, June 29, 2017

Would-be Tesla rival LeEco's billion-dollar troubles 'far worse than expected'

HONG KONG – LeEco’s cash problems are “far worse than expected,” and the money raised in recent months are unexpectedly not enough to help the Chinese technology conglomerate ride out the crunch, its chairman, Jia Yueting, said on Wednesday.
LeEco, one of...

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https://skpsoft.com/car/would-be-tesla-rival-leecos-billion-dollar-troubles-far-worse-than-expected/

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