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May 22, 2017 05:50 am GMT

LeEco founder Jia Yueting resigns as CEO of its publicly listed unit Leshi

Chinese tech conglomerate LeEco is reshuffling the executive roster of its publicly traded unit, Leshi Internet Information and Technology Corp., as it continues to struggles with cash flow issues and a bumpy expansion into the U.S. Leshidisclosed in a Shenzhen Stock Exchange filing over the weekend that founder Jia Yueting will leave his role as CEO, but stay on as chairman. Liang Jun, a… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JNso396SAcg/

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