Chinese Court Seizes Millions in Assets of LeEco Founder as Company’s Troubles Grow

Chinese Internet tycoon and LeEco founder Jia Yueting’s ambition to challenge the likes of Apple and Tesla looks even more in doubt after $182 million of his assets were frozen by a Shanghai court following unpaid loans. Jia and LeEco came in for stinging criticism from Chinese media Wednesday, which warned that the Internet streaming... Read more » Henry Chu