Jia Yueting Quits as Chairman of Beleaguered LeEco’s Listed Arm

Chinese Internet tycoon and LeEco founder Jia Yueting has quit as chairman of LeEco’s listed arm amid mounting financial woes for the digital and hardware giant. Leshi Internet Information & Technology, the listed arm of LeEco, announced Jia’s resignation Thursday evening at the Shenzhen Stock Exchange. The statement said that Jia had stepped down from... Read more » Henry Chu