LeEco has announced that its Founder, Chairman and Chief Executive Officer (CEO) Jia Yueting has become the Chairman of the Board and the Nominating Committee of Coolpad . This news comes after LeEco acquired 11% stake of the telecommunication equipment vendor Coolpad, to become its largest shareholder with a total of 28.9% stake. Continue reading “LeEco CEO Jia Yueting is now Coolpad’s chairman, Cool 1 coming on August 16”