China’s LeEco plans to sell Silicon Valley property amid cash crunch

China’s LeEco plans to sell Silicon Valley property amid cash crunch

YT Jia, chairman, LeEco. Photo: Bloomberg

Chinese technology conglomerate LeEco is looking to sell a 49-acre US Silicon Valley property less than a year after buying it from Yahoo Inc., sources said, in what is the latest effort by the firm to ride out a cash crunch.

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