Online video pioneer LeEco is China's textbook case for what happens when companies expand too fast.
From a tech startup hero to a creditors’ nightmare, LeEco provides a textbook case on business overexpansion
After completing U.S. bankruptcy case, Jia Yueting makes promise to investors who lost as much as $24 billion, but it may not hold up in Chinese courts
Continued losses and negative nets assets after a year-long trading halt trigger final action for former high-flyer founded by bankrupt fugitive tycoon Jia Yueting
China Business Digest: Foreigners Working in China May Soon Be Able to Return; Trump Pressures Government Pension Fund to Shun China
WHO warns of pandemic disaster in Africa and sees coronavirus as permanent; Jia Yueting’s Leshi finally being delisted; China gives consumers $2.7 billion
A creditor told Caixin that they worried they’d be in for huge losses if his carmaker never makes money
Blacklisted debtor will amend reorganization plan, after too few creditors approved of original
Plus, Huawei spent record money on Michael Esposito, new tariff waivers means appetite for U.S. soy, and China has trouble selling foreign assets.
Jia Yueting becomes ‘chief product and user officer’ at electric-car startup, sets up debt repayment trust
World’s most valuable unicorn could face uphill climb challenging entrenched incumbents in mature sectors