|
- This smartphone company is reportedly on the verge of bankruptcy after . . .
Chinese website Jiemian reported last week that Gionee’s chairman Liu Lirong lost over 10 billion yuan, which equals to $1 4-billion, while gambling at a casino in Saipan
- Did you know: A phone brand was bankrupted by execs gambling
Gionee went from a profitable brand to bankruptcy in 2017 after its chairman gambled away hundreds of millions of dollars Running a smartphone business is hard, and the list of dead
- Did CEOs Billion-Dollar Gambling Loss Led to Gionees Downfall . . .
Did CEO's Billion-Dollar Gambling Loss Led to Gionee Declaring Bankruptcy? The Chinese smartphone manufacturer fails to pay nearly $3 billion to 648 creditors, reports say
- Chinese Smartphone Maker Gionee Facing Bankruptcy After Chairman Loses . . .
The chairman of the Chinese smartphone maker Gionee made a bet that could cost the company its life According to the South China Morning Post , the company is in danger of going bankrupt after chairman Liu Lirong lost more than $1 4 billion in company funds at a casino
- Gionee May Shut Business Soon as Chairman Loses $144 Million in Gambling
Gionee, a phone maker that was pretty popular some years ago, lost its spot recently after several the phone companies like Xiaomi, Honor, Realme, and others entered the smartphone space
- Phone maker Gionee in trouble as chairman gambles away company money
Last week, a report circulating said that Gionee’s chairman Liu Lirong lost 10 billion yuan (US$1 44 billion) of the company’s money when gambling on the US island of Saipan
- This Chinese smartphone company is ‘almost bankrupt’ after chairman . . .
Gionee chairman Liu Lirong reportedly “lost over 10 billion yuan ($1 4 billion) while gambling at a casino in Saipan ” However, later the chairman admitted that “he had lost over one billion yuan ($144-million),” according to an Android Authority report
- This Smartphone Company Is Almost Bankrupt After Chairman Loses $144 . . .
Once a popular smartphone brand, Gionee is now on the verge of going bankrupt While the reason behind the Chinese firm going bankrupt is not official yet, but several media reports suggest that gambling habit of its chairman Liu Liron seems to have taken a toll on the company
|
|
|