Le.com
 | |
| Le.com | |
Native name | 乐视网信息技术（北京）股份有限公司 |
| Public | |
| Traded as | SZSE: 300104 (LETV) |
| Founded | November 2004 (as LeTV) |
| Founder | Jia Yueting |
| Headquarters | Chaoyang District, Beijing, China |
Area served | China, United States |
Key people | Jia Yueting (Chairman & CEO) |
| Services | Streaming media |
| Revenue |
 CN¥13.017 billion (2015) |
|
CN¥69 million (2015) | |
| Profit |
CN¥573 million (2015) |
| Total assets |
CN¥16.982 billion (2015) |
| Total equity |
CN¥3.928 billion (2015) |
| Owner | Jia Yueting (36.45%) |
Number of employees | 4,885 (2015) |
| Website |
www |
|
Footnotes / references in a consolidated basis[1] | |
| Leshi Internet Information and Technology Corp., Beijing | |||||||
| Simplified Chinese | 乐视网信息技术（北京）股份有限公司 | ||||||
|---|---|---|---|---|---|---|---|
| Traditional Chinese | 樂視網信息技術（北京）股份有限公司 | ||||||
| Literal meaning | Leshi Internet Information and Technology (Beijing) Joint-Stock Limited Company | ||||||
| |||||||
Le.com (Chinese: 乐视网), known legally as Leshi Internet Information and Technology Corp., Beijing, is a Chinese technology company, and one of the largest online video companies in China. It is headquartered in Chaoyang District, Beijing.
Le.com formerly known as Letv (Chinese: 乐视视频; pinyin: lèshì shìpín; literally: "Leshi Video").
History
Jia Yueting founded Letv.com in 2004. It was subsequently listed as a Chinese national high-tech enterprise and went public on the Shenzhen Stock Exchange on August 12, 2010.[2] Le.com claims to be the world's first IPO company in its sector. As of 24 March 2015, the market value of Letv amounted to RMB 84 billion.[3]
On 5 December 2015, Le.com announced that the listed company would acquire Le Vision Pictures from LeEco, a holding company owned by the largest shareholder and founder of Le.com, subject to the approval of the shareholders of the listed company. As at 8 November 2016, the deal has not been completed.[4]
Products and services
Video streaming service
Le.com's video streaming service currently offers over 100,000 episodes of TV dramas and over 5,000 movie titles. 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.
One of the most popular shows on Le.com's service has been the Go Princess Go series.[5]
Le.com's online video streaming service has been receiving positive response in China. While Le.com mainly focuses on TV and movie streaming, its LIVE and LeVidi services focus on live broadcasting and short videos from YouTube and other content providers, respectively. [6]
For its streaming service in the United States, Le.com partners with content providers Machinima Inc., Tastemade, Seeso, and Indieflix, among others.[6] Its services Le, LeVidi, and LIVE are often marketed collectively as EcoPass.
Flat screen TV
Le.com produced flat screen smart TV via a non wholly owned subsidiary Leshi Zhixin (Chinese: 乐视致新; pinyin: Lèshì zhìxīn). The subsidiary also owned a minor stake (20.09%) in TCL Multimedia (SEHK: 01070), a subsidiary of TCL Corporation for 52.10% stake.[7]
LeCloud
LeCloud, previously Letv Cloud, invented the VaaS (Video-as-a-Service) model in 2014, similar to other "as a service" technologies like IaaS, PaaS, and SaaS.[8] VaaS model is based on cloud computing, big data, and video technologies. It is founded on Internet-wide content aggregation, combining aggregation, distribution and derivative capabilities.
The LeCloud team and Microsoft jointly held a press conference in Beijing in May 2015 and announced that the two parties have inked a deal for solution compatibility with Microsoft Azure.[9]
References
- ↑ "2015 Annual Report" (PDF). le.com (in Chinese). Shenzhen Stock Exchange. 18 March 2016. Retrieved 9 November 2016.
- ↑ "Jia Yueting | leaders | China Cultural Industry Association". www.chncia.org. Retrieved 2015-10-29.
- ↑ "LeTV Creates E-tail History by Notching up Sales Worth USD 280 Million in a Single Day". The Telegraph India. Retrieved 2015-10-29.
- ↑ "关于继续推进重大资产重组事项及后续工作安排说明的公告" (PDF). le.com (in Chinese). Shenzhen Stock Exchange. 9 November 2016 [Written on 8 November 2016]. Retrieved 9 November 2016.
- ↑ Huang, Zheping. "This viral internet comedy about time travel and bisexuality has suddenly been banned in China". Quartz. Retrieved 2016-02-25.
- 1 2 "About Le.com". Le.com. Le Technology, Inc. Retrieved 2016-12-01.
- ↑ "2016 Interim Report" (PDF). TCL Multimedia. Hong Kong Stock Exchange. 30 August 2016. Retrieved 2 December 2016.
- ↑ "Letv Cloud Reaches Cloud Computing Deal With Microsoft Azure". ChinaTechNews.com. Retrieved 2015-10-29.
- ↑ "Letv Cloud Announces the Worldwide Video-as-a-Service Model in London". MarketWatch. Retrieved 2015-10-29.
