LeEco founder resigned as Chairman

Wetin Jia (Jia Yueting), founder of the Chinese company LeEco, under pressure of creditors, resigned as Chairman. Shortly before he publicly urged patience in the conditions of crisis of the company.

According to the company Leshi Internet Information & Technology, Watin will remain the controlling shareholder without a post. In may, he turned the job of Director General Le.com to focus on managing the business related to electric vehicles (in which he will now become Chairman).

A few hours before the message about caring, Wetin written in Chinese social media: «Please give LeEco some time. We’ll settle up with creditors and suppliers and pay all debts.»

Source: Reuters



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