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January 5, 2018 01:00 pm GMT

LeEco Sells Over Half Of Its Coolpad Stake Amid Cash Crunch

Struggling tech giant LeEco sold more than half of its stake in Chinese phone maker Coolpad, according to local media reports citing official communication from the Beijing-based company. The move comes amid a major cash crunch that LeEco is having a hard time of enduring, with its 28.9 percent stake in Coolpad now falling to […]

The post LeEco Sells Over Half Of Its Coolpad Stake Amid Cash Crunch appeared first on AndroidHeadlines.com |.


Original Link: https://www.androidheadlines.com/2018/01/leeco-sells-over-half-of-its-coolpad-stake-amid-cash-crunch.html

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