China's Netflix-to-Tesla is spread painfully thin


  • TECH
  • Tuesday, 16 Aug 2016

Jia Yueting, co-founder and head of Le Holdings Co Ltd, also known as LeEco and formerly as LeTV, poses for a photo in front of a logo of his company after a Reuters interview at LeEco headquarters in Beijing, China, picture taken April 22, 2016. REUTERS/Jason Lee

HONG KONG: Jia Yueting wants to be China's Reed Hastings, Tim Cook and Elon Musk all at once. The entrepreneur's group, LeEco, is pushing into televisions, smartphones, video-streaming, movie production and even electric vehicles. 

The outspoken 43-year-old has become one of China's most colourful tech and media tycoons. Growing up in a town in Shanxi, northern China, Jia started off as a computer technician at a tax office before going into telecoms. In 2004 he co-founded LeTV, a Netflix-like video-streaming site, with partner Hank Liu. 

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