Chinese internet conglomerate LeEco spent much of the past few years focusing on aggressive growth, but the company is now coping with the aftermath of several failed moves. In a meeting with shareholders Wednesday, chairman Jia Yueting said the company is facing severe financial problems, Reuters reported. Jia told investors the company’s current cash crunch is “far worse … [Read more...] about LeEco Problems: Chinese Internet Company Struggling After Failed Gambles
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