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Gionee financial woes

Financial Woes Threatens Gionee’s Survival

It seems 2018 turned out to be a bad year for Chinese phone makers, Gionee. Earlier this month, reports revealed that Gionee’s chairman, Liu Lirong gambled away 10 billion yuan  ($1.44 billion) from the company’s account. However, Liu denied the accusations in an interview with …

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