Chinese company LeEco indicates appointment of Jia Yueting as Coolpad chairman

Q.  Chinese Internet company LeEco has announced appointment of whom as chairman of Coolpad as well?
- Published on 09 Aug 16

a. Jia Yueting
b. Jia Ling
c. Jia Ping
d. Jia Ting

ANSWER: Jia Yueting
 
In a strategic move to gain stronghold in emerging markets across India, Chinese Internet and technology major LeEco on 8th August 2016 announced the appointment of chairman and CEO Jia Yueting as chairman of leading Chinese smartphone player Coolpad
  • Coolpad stocks surged as a result of this; LeEco is the largest shareholder of Coolpad with 28.9 percent stake
  • LeEco and Coolpad will also adopt a dual brand strategy where two brands co-exist and target different market segments

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