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Outspoken China tycoon struggles to save his extended empire

He is striking a more modest tone these days as he scrambles to raise money

Mr Jia at the LeEco headquarters in San Jose, California. LeEco has its own smartphone business that is also struggling.


AS China's Jia Yueting expanded his tech empire, he wasn't shy about critiquing industry giants.

In his first international TV appearance in April, the 43-year-old billionaire called Apple Inc "outdated" and its innovation "extremely slow". As for Tesla Motors Inc, he later...