Le.com: Difference between revisions
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{{Infobox company |
{{Infobox company |
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| name = Leshi Internet Information & Technology (Letv) |
| name = Leshi Internet Information & Technology (Letv) |
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}}'''Leshi Internet Information & Technology,''' also known as LeTV, is a Chinese entertainment [[company]] and one of the largest online video company in China. It is head quartered in Beijing, [[China]]. |
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'''Leshi Internet Information & Technology''', also known as '''Letv''', is a Chinese [[entertainment]] company and the largest [[online video]] company in [[China]].Recently it has launched three smartphones under its Le brand - the Le 1, Le 1 Pro and the Le Max. Launched on its home turf during the "Breaking Boundaries with Letv's Ecosystem" event in Beijing, the three dual-SIM smartphones<ref>{{Cite web|title = Le 1, Le 1 Pro, Le Max Smartphones With Octa-Core SoCs, USB Type-C Launched|url = http://gadgets.ndtv.com/mobiles/news/letv-one-one-pro-one-max-smartphones-with-octa-core-socs-usb-type-c-launched-681417|website = NDTV Gadgets360.com|accessdate = 2015-10-27}}</ref> are said to be the first in the world to come with USB Type-C ports. Letv group also includes the film production company called [[LeVision Pictures]].<ref name=Coonan>{{cite web |url= http://www.hollywoodreporter.com/news/chinas-letv-plans-raise-12b-798498|title= China's LeTV Plans to Raise $1.2B to Bankroll New Projects|author= Clifford Coonan|date= May 28, 2015|accessdate= May 28, 2015|work= [[hollywoodreporter.com]]}}</ref> |
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Founded in November 2004 by |
Founded in [[November]] 2004 by Jia Yueting, Letv Group is building a 'Letv Ecosystem' a future-generation Internet engine that is combined to offer an online platform completed with content, devices and applications. Letv is engaged in myriad businesses, spanning from Internet TV, video production and distribution, smart gadgets and large-screen applications to e-commerce, eco-agriculture and Internet-linked super-electric cars, which were announced in late 2014. |
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Recently, it has launched three smartphones under its Le [[brand]] - the Le 1, Le 1 Pro and the Le Max. Launched during the "Breaking Boundaries with LeTV's Ecosystem event in [[Beijing]], the three dual-SIM smartphones are said to be the first in the world to come with USB Type-C ports. Letv Group also consists of the film production company called LeVision Pictures. |
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Letv is an Internet/Technology/[[Entertainment]] company delivering industry-disruptive innovations for the connected age to keep transforming people's lifestyle with the Internet and improving the environment we live in. |
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The company has an employee strength of 5,000 |
The company has an employee strength of 5,000 and is expanding to other countries such as US<ref>{{Cite web|title = Letv plans to invades U.S. smartphone market - CNN.com|url = http://www.cnn.com/2015/05/19/tech/netflix-of-china-invades-us-smartphone-market/index.html|website = CNN|accessdate = 2015-10-29}}</ref>, India<ref>{{Cite web|title = China's LeTV plans foray into Indian smartphone market - Times of India|url = http://timesofindia.indiatimes.com/tech/tech-news/Chinas-LeTV-plans-foray-into-Indian-smartphone-market/articleshow/49062988.cms|website = The Times of India|accessdate = 2015-10-29}}</ref> |
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== Etymology == |
== Etymology == |
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Letv, which started out as an online video platform, has since evolved into a smart TV makerand diversified into segments such as smart bicycles, vehicles and smart phones. |
Letv, which started out as an online video platform, has since evolved into a smart TV makerand diversified into segments such as smart bicycles, vehicles and smart phones. |
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Mr. Jia Yueting founded Shanxi Xi Bei Er Communication Technology Co., Ltd. In 2003, he founded Xbell Union Communication Technology (Beijing) Co., Ltd. which was listed on the main board in Singapore Exchange in 2007. In 2004 he founded Letv.com, which was listed on Startup Board in China.Mr. Jia, as an admired entrepreneur, contributed a lot to China new media cultural and creative industry.<ref>{{Cite web|url = http://www.chncia.org/en/leaders.php?mid=2&id=18|title = Jia Yueting {{!}} leaders {{!}} China Cultural Industry Association|website = Jia Yueting {{!}} leaders {{!}} China Cultural Industry Association|publisher = China Cultural Industry Association|last = Association|first = China Cultural Industry}}</ref> In cyber-video field, Letv.com owns most comprehensive copyrights of TV series and movies ranking the forefront of its industry. Letv.com is nowadays the most influential professional long-video website. |
[[Jia Yueting|Mr. Jia Yueting]] founded Shanxi Xi Bei Er Communication Technology Co., Ltd. In 2003, he founded Xbell Union Communication Technology (Beijing) Co., Ltd. which was listed on the main board in Singapore Exchange in 2007. In 2004 he founded Letv.com, which was listed on Startup Board in China.Mr. Jia, as an admired entrepreneur, contributed a lot to China new media cultural and creative industry.<ref>{{Cite web|url = http://www.chncia.org/en/leaders.php?mid=2&id=18|title = Jia Yueting {{!}} leaders {{!}} China Cultural Industry Association|website = Jia Yueting {{!}} leaders {{!}} China Cultural Industry Association|publisher = China Cultural Industry Association|last = Association|first = China Cultural Industry}}</ref> In cyber-video field, Letv.com owns most comprehensive copyrights of TV series and movies ranking the forefront of its industry. Letv.com is nowadays the most influential professional long-video website. |
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== History == |
== History == |
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Revision as of 11:24, 29 October 2015
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Native name | 乐视网信息技术(北京)股份有限公司 |
|---|---|
| Company type | Private |
| SZSE: 300104 | |
| Industry | entertainment industry |
| Founded | November 2004 |
| Founder | Jia Yueting |
| Headquarters | , |
Area served | Beijing, US, India |
Key people | Jia Yueting (CEO)[1]
Yimou Zhang (Director) Zheng Xiaolong(Director) Tsui Hark(Director) Lu Chuan(Director) Gao Xiaosong(Director) Guo Jingming(Director) |
| Products | Leie (MFL),
Internet Finance, Wangjiu.com, Letv Music, Letv Sports, Smart EV, Le Mobile (Phone), Leshi Zhixin (TV), Letv.com, Le Vision Pictures (LeVP), Flower Film & TV, Letv Cloud Computing, LeMall |
| Revenue | US$1.6 billion[1] (2014[1]) |
Number of employees | 5000 |
| Website | www |
Leshi Internet Information & Technology, also known as LeTV, is a Chinese entertainment company and one of the largest online video company in China. It is head quartered in Beijing, China.
Founded in November 2004 by Jia Yueting, Letv Group is building a 'Letv Ecosystem' a future-generation Internet engine that is combined to offer an online platform completed with content, devices and applications. Letv is engaged in myriad businesses, spanning from Internet TV, video production and distribution, smart gadgets and large-screen applications to e-commerce, eco-agriculture and Internet-linked super-electric cars, which were announced in late 2014.
Recently, it has launched three smartphones under its Le brand - the Le 1, Le 1 Pro and the Le Max. Launched during the "Breaking Boundaries with LeTV's Ecosystem event in Beijing, the three dual-SIM smartphones are said to be the first in the world to come with USB Type-C ports. Letv Group also consists of the film production company called LeVision Pictures.
The company has an employee strength of 5,000 and is expanding to other countries such as US[2], India[3]
Etymology
Letv, which started out as an online video platform, has since evolved into a smart TV makerand diversified into segments such as smart bicycles, vehicles and smart phones.
Mr. Jia Yueting founded Shanxi Xi Bei Er Communication Technology Co., Ltd. In 2003, he founded Xbell Union Communication Technology (Beijing) Co., Ltd. which was listed on the main board in Singapore Exchange in 2007. In 2004 he founded Letv.com, which was listed on Startup Board in China.Mr. Jia, as an admired entrepreneur, contributed a lot to China new media cultural and creative industry.[4] In cyber-video field, Letv.com owns most comprehensive copyrights of TV series and movies ranking the forefront of its industry. Letv.com is nowadays the most influential professional long-video website.
History
LeTV originated as China's largest online video-streaming company, and each year spends billions of dollars worldwide in buying content for the largest online movie and TV drama library that it owns. The company with employee strength of 5,000 has a market capitalization of around $12 billion on the Shenzhen Stock Exchange. It has also started making its own premium smart TV to stream its content and beats out stalwarts like Samsung and Sony in the Chinese market.
Founded in November 2004 by Jia Yueting, Letv Group is committed to creating the "Letv Ecosystem," a next-generation Internet engine that is vertically-integrated to offer an online platform completed with content, terminals and applications. The Group is engaged in a rich array of businesses, spanning from Internet TV, video production and distribution, smart gadgets and large-screen applications to e-commerce, eco-agriculture and Internet-linked super-electric cars, which were launched in late 2014. The Group comprises a number of subsidiaries, including Letv.com, Leshi Zhi Xin, Le Vision Pictures, Wangjiu.com, Letv Holding, Letv Investment Management and Le Mobile. In 2014, the aggregate sales of the Group amounted to approximately RMB 10 billion.
Letv.com made history[5] on August 12, 2010 when it was listed on the Shenzhen Stock Exchange, making it the world's first IPO Company in the sector. Letv.com was also the first video company listed on China's A-share market. As of March 24, 2015, the market value of Letv amounted to RMB 84 billion. Prolific as well as successful, Letv.com currently offers more than 100,000 episodes of TV dramas and over 5,000 movie titles. In addition, the site draws an estimated 250 million page views per day, 350 million users per month, 100 million daily content viewers on mobile devices, and 10 million daily content viewers on large-screen TVs.
Letv Hong Kong, as the headquarters of Asia Pacific region, was officially set up in August 2014, marking an important milestone of the company's expansion in the overseas market. The company provides Hong Kong with an established vertically integrated ecosystem of "Platform + Content + Terminal + Application". Letv has teamed up with 3 Home Broadband, subsidiary of Hutchison Telecommunications Hong Kong Holdings Limited, allowing customers to enjoy the best home entertainment experience with high speed broadband connectivity. As of March 2015, Letv has held 10 online flash sales in Hong Kong, with 1,000 smart TVs sold in less than 10 minutes on every occasion. Currently, Letv Hong Kong offers various sales channels for potential smart TVs customers to accommodate massive demands, including online pre-ordering services and 50+ offline outlets in Hong Kong and Macau. As the only entertainment platform with over 800 hours of 4K programmes in Hong Kong, Letv has always been committed to providing rich and diverse online content including movies, dramas, variety shows and concerts to its fans.
In China, the brand has also surpassed Apple's iPhone sales as of August 2015. LeTV has outstripped iPhone and Samsung in becoming an online high-end smart phones sales champion in China for two consecutive months, since LeTV launched its flagship phone LE Max in July, according to a latest report from Sino Market Research, a subsidiary of Germany research company GFK. The report says, for online high-end phone (Over US$472/unit) market in China, LE Max has out taken iPhone and Samsung since this July, becoming the top seller. Overall in August, LeTV ranked No.5 for taking 4.5% online smart phone market by selling 427,000 smart phones, including LE 1, LE 1Pro and the flagship LE Max.
LeTV is a listed company in China. Headquartered in Beijing, this 11-year-old company has grown into a full-fledged multinational with a wide range of products including smart phones, smart TVs, smart electric vehicles, movies and TV shows and sports events.
It is China's first company to pioneer the concept of 'ecosystem' products. LeTV has China's largest content library, including movies, TV dramas, entertainment shows, concerts, and sports games, which could be viewed on LeTV's terminals, like phones, TVs and electric vehicles, and these terminals could be interacted through LeTV's eco-network.
References
- ^ a b c Cite error: The named reference
Coonanwas invoked but never defined (see the help page). - ^ "Letv plans to invades U.S. smartphone market - CNN.com". CNN. Retrieved 2015-10-29.
- ^ "China's LeTV plans foray into Indian smartphone market - Times of India". The Times of India. Retrieved 2015-10-29.
- ^ Association, China Cultural Industry. "Jia Yueting | leaders | China Cultural Industry Association". Jia Yueting | leaders | China Cultural Industry Association. China Cultural Industry Association.
- ^ "LeTV Creates E-tail History by Notching up Sales Worth USD 280 Million in a Single Day". The Telegraph. Retrieved 2015-10-27.