Jia Yueting

Jia Yueting, co-founder and head of Le Holdings Co Ltd, poses for a photo in front of a logo of his company in Beijing
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China’s LeEco to slow pace of growth, faces ‘big company disease’ – CEO

BEIJING/SHANGHAI (Reuters) – Chinese conglomerate LeEco, which has invested in high-tech products from electric cars to smartphones, is facing a shortage of cash and suffering from expanding too fast and in too many directions, its CEO said in a letter to staff.

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