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Jia Yueting’s Le.com Shares Frozen Due to Unpaid Debts

Oct 30, 2018  /  Money  / 
According to a recent notice posted to the Shenzhen Stock Exchange website, a Chinese court has ordered all of Jia’s Leshi shares to be frozen. In addition, 5 million shares that Jia pledged to Orient Securities have been released due to an unpaid debt. Read More

Headlines from China: Jia Yueting Ordered to Come Back to China to Settle Debts

Dec 26, 2017  /  Headlines From China  / 
The China Securities Regulatory Commission issued an order Monday for LeEco founder Jia Yueting to return to China by the end of this year to deal with financial troubles. Read More

Headlines from China: Jia Yueting Dubbed “Laolai,’ Blacklisted by China’s Top Court

Dec 12, 2017  /  Headlines From China  / 
Tech entrepreneur Jia Yueting is now blacklisted by China’s top court, after failing to pay money he owed to Ping An Securities. Jia is now banned from traveling first-class on planes and trains, visiting hotels, nightclubs, and golf courses, and purchasing other luxuries in general. Read More

Court to Freeze Assets of LeEco Founder Jia Yueting

Aug 4, 2017  /  News  / 
A Beijing court has approved the application of China Construction Bank to freeze the assets of LeTV Holdings and LeEco founder Jia Yueting. Read More

VP of TV Unit Takes over as CEO of Leshi, YT Jia to Remain Chairman

May 22, 2017  /  News  / 
Jia Yueting, the legendary Chinese corporate leader, will step down as CEO of Leshi Internet Information & Technology Corp Beijing. Read More

TCB in RMB: LeSports Defaults, Jia Zhangke Skint, iQIYI Goes Hip-Hop

May 5, 2017  /  Money  / 
LeSports, sports arm of China's internet conglomerate LeEco, canceled the broadcast of a Wednesday European Championship match between Spanish soccer giants Real Madrid and Atletico Madrid, increasing concerns over the floundering titan’s recent financial situation. Read More

Le.com Prepares for Potential Bankruptcy and Delisting

Nov 21, 2018  /  News  / 
Le.com, internet technology and content company founded by Jia Yueting, founder of Faraday Future (FF), reported a total debt with interest to be around RMB8 billion ($555.4 million) for the period ended September 30 during an interim shareholders’ meeting on November 19. Read More

LeEco’s Leshi Becomes ‘New Leshi’ to Distance Itself From Founder

Sep 28, 2017  /  News  / 
The proposed change is believed to be a sign of a complete severing of ties from founder Jia Yueting. Read More

LeEco Talks About Its ‘Overstretched’ Overseas Expansion

Nov 10, 2016  /  News  / 
A letter from LeEco’s CEO Jia Yueting published on Monday showed that the company’s expansion to the U.S. had gone too far, because of limited capital and resources, resulting in “an apparent lack of momentum” in various businesses. Read More

Embattled Leshi Forced to Sell Smart TV, Livestreaming Trademarks

Jul 2, 2020  /  Legal  / 
Leshi Internet Information and Technology Corp. was forced to sell key trademarks including “Super TV”, the name of the company’s flagship smart television, on Monday. Read More

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