Tuesday, January 2, 2018
Founder of troubled LeEco refuses to return to China
LeEco began as an entertainment company, but quickly developed into a behemoth with interests in countless subsidiaries. Unfortunately, Engadget’s blockbuster investigation into LeEco found that despite its size, it had no financial foundation to underpin its ambitions to become even bigger. Former employees described LeEco’s complex ownership structure as little more than a “shell game” to hide
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