LeEco Founder resigns as Chairman of its main listed unit
Cash-strapped technology group LeEco's billionaire Founder Jia Yueting has resigned as Chairman of its main publicly listed arm Leshi, six weeks after stepping down as CEO. Jia will become the global director of LeEco's car unit to boost production of electric car Faraday Future. His resignation comes days after a court froze LeEco's assets worth â¹1,200 crore over unpaid debt.