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Le.com

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2346: 2201: 450:) had pledged 630,994,920 number of shares of Le.com, which they owned just 782,545,454 number of shares in total (including shares held by LeEco). By percentage, they owned approx. 42.2% of the total share capital, but 80.6% of them were pledged. At the same time, Le.com borrowed CN¥3.472 billion from Jia family. (although Le.com also had CN¥10.84 million receivable from LeEco, and CN¥74.33 million payable to 3051: 469:) as a proxy for the Caymans-incorporated listed company, bought 8.61% stake of Le.com from Jia Yueting, for an approx. CN¥6.041 billion (CN¥35.39 per share). After the deal, Jia Yueting owned 25.84% shares of Le.com (additional 0.6% was owned via LeEco), while Tianjin Jiarui owned 8.61% stake as the second-largest shareholder. In a separate deal, Tianjin Jiarui bought 15% stake of 402: 477:
from Le.com and a minority shareholder, for CN¥2.302 billion and CN¥2.648 billion respectively. After the deals, Le.com would still be the largest shareholder of Leshi Zhixin, but for 40.31% only, followed by Tianjin Jiarui for 33.50% and LeEco for 18.38%. In September 2018, Tianjin Jiarui
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In July 2018, Leshi announced that it was at risk of being suspended from the Shenzhen Stock Exchange due to negative net assets. In April 2019, the company announced that they received a legal notice from a local arbitration chamber that requesting the company and sister companies such as
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for capital increase. Truly would own 2.3438% stake in Leshi Zhixin for CN¥720 million. However, in August Truly sued Leshi Zhixin in civil court in order to recover a paid-in investment of CN¥240 million, claiming the terms of the investment agreement had been breached.
435:, a holding company majority owned by the largest shareholder, founder and chairman of Le.com, Jia Yueting, subject to the approval of the shareholders of the listed company. As at 8 November 2016, the deal has not been completed. 554:
currently offers over 100,000 episodes of TV dramas and over 5,000 movie titles. The site draws an estimated 250 million pageviews per day, 350 million users per month, 100 million daily content viewers on
504:. The stakes were auctioned by the liquidator of LeEco. Despite the stake that held by Le.com was unchanged at 36.4046%, Tianjin Jiarui suppressed Le.com as the largest shareholder (46.0507%) of Lerong Zhixin. 454:) The leverage of Le.com had made some media worried the financial health of both Le.com and Jia's privately owned LeEco. During 2016, Le.com also recapitalized by some private equity funds; former subsidiary 3054: 1273: 660:. 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. 573:
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
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The LeCloud team and Microsoft jointly held a press conference in Beijing in May 2015 and announced that the two parties have agreed to a deal for solution compatibility with
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LeCloud, previously Letv Cloud, invented the VaaS (Video-as-a-Service) model in 2014, similar to other "as a service" technologies like
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company in its sector. As of 2015, the listed company claimed the market capitalization of itself was US$ 12 billion.
2847: 2404: 2350: 615: 479: 443: 343: 258: 97: 2409: 2389: 1536: 508: 2523: 1759: 2035: 2000: 907:"MAJOR TRANSACTION - IN RELATION TO INVESTMENT IN TARGET SHARES OF LESHI INTERNET, LESHI PICTURES AND LESHI ZHIXIN" 365: 136: 364:, is a Chinese technology company, and one of the largest online video companies in China. It is headquartered in 2697: 2446: 2141: 2080: 2050: 931: 906: 2235: 1875: 1160: 1683: 3110: 1779: 1641: 421: 417: 93: 78: 2513: 2481: 2456: 2384: 2156: 1850: 1023: 2842: 2819: 2486: 2436: 2364: 2205: 2100: 1794: 1282: 2379: 2151: 2441: 1666: 458:
was also recapitalized in 2015, making the stake held by Le.com, was diluted to just 10.34% stake.
2518: 2451: 2045: 1646: 1400: 1395: 990: 470: 451: 428: 1107:"This viral internet comedy about time travel and bisexuality has suddenly been banned in China" 965: 881: 816: 781: 1083: 2983: 2978: 2903: 2893: 2867: 2650: 2618: 2501: 2060: 1990: 1845: 1390: 596:, among others. Its services Le, LeVidi, and LIVE are often marketed collectively as EcoPass. 523:, etc., to refund CN¥1.4 billion in total to two investment managers: a limited company 2908: 2431: 2263: 2116: 2106: 1885: 1799: 1656: 1571: 1551: 1521: 1511: 1450: 537:
On 28 January 2021, The former CEO of LeTV posted that he will be ready to return to China.
303: 2973: 2809: 2794: 2630: 1940: 1688: 1495: 1304: 1299: 1294: 1049: 664: 637: 570: 551: 166: 747:"LeTV Creates E-tail History by Notching up Sales Worth USD 280 Million in a Single Day" 3000: 2918: 2832: 2827: 2719: 2675: 2645: 2640: 2131: 1965: 1815: 1693: 1651: 1490: 1325: 724: 633: 581: 580:
For its streaming service in the United States, Le.com partners with content providers
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in English instead of Le.com. However, Leshi Internet still operates the brand
3036: 2655: 1985: 1935: 1870: 1860: 1754: 1698: 1556: 1531: 1420: 1365: 964:(Press release) (in Chinese (China)). Le.com. 14 February 2017. Archived from 880:(Press release) (in Chinese (China)). Le.com. 14 January 2017 . Archived from 232: 55: 2928: 2752: 2670: 2635: 2419: 2273: 2240: 2085: 2075: 2025: 2010: 2005: 1915: 1840: 1835: 1825: 1475: 1345: 1008: 593: 585: 2566: 427:
On 5 December 2015, Le.com announced that the listed company would acquire
1749: 842:"LeEco unit suspended from trading after shares plunged amid layoff fears" 473:
from LeEco. In a third deal, Tianjin Jiarui acquired part of the stake of
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also acquired additional stakes of Le Vision Pictures and Lerong Zhixin (
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Le.com produced flat screen smart TV via a non wholly owned subsidiary
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For the consumer electronics company founded by Le.com's founder, see
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Leshi Web Information Technology (Beijing), Company Limited by Shares
932:"DISCLOSEABLE TRANSACTION IN RELATION TO INVESTMENT in LESHI ZHIXIN" 1714: 3015: 2963: 2923: 2888: 2799: 2767: 2714: 2608: 2593: 2576: 2571: 2345: 2301: 2291: 2245: 2225: 2209: 2126: 1995: 1920: 1910: 1905: 1895: 1890: 1820: 1784: 1606: 1581: 1576: 1566: 1455: 1415: 1380: 1340: 589: 501: 432: 413: 400: 200: 20: 2883: 2837: 2702: 2547: 2278: 2268: 2111: 1769: 1739: 1586: 1541: 1500: 657: 653: 649: 2316: 2171: 1255: 937:(Press release). Truly International Holdings. 14 February 2017 562:
One of the most popular shows on Le.com's service has been the
26:"LeTV" redirects here. For the maker of Leshi Televisions, see 2948: 2913: 2736: 1190:"Letv Cloud Reaches Cloud Computing Deal With Microsoft Azure" 559:, and 10 million daily content viewers on large-screen TVs. 507:
In February 2017 Le.com formed an agreement with a supplier
815:(in Chinese (China)). le.com. 18 March 2016. Archived from 515:
In July 2017 Jia Yueting resigned as the chairman and CEO.
1134: 696:"Letv rebrands name to LeEco, introduces a new brand logo" 412:
founded Letv.com in 2004. It was subsequently listed as a
1024:"LeTV might be delisted from the Shenzhen Stock Exchange" 465:, via a China-incorporated company Tianjin Jiarui Huixi ( 420:
on 12 August 2010. Le.com claims to be the world's first
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Leshi Internet Information and Technology Corp., Beijing
632:). The subsidiary also owned a minor stake (20.09%) in 40:
Leshi Internet Information and Technology Corp. Beijing
780:(in Chinese). le.com. 9 November 2016 . Archived from 405:
Previous Leshi Internet logo, used until January 2016.
30:. For the Lenovo Android-based smart-televisions, see 1244: 723:. China Cultural Industry Association. Archived from 534:
On 14 May 2020, Le.com was delisted by the exchange.
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national high-tech enterprise and went public on the
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Lèshì Wǎng Xìnxī Jìshù (Běijīng) Gǔfèn Yǒuxiàn Gōngsī
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for CN¥1.335 billion and a limited partnership
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Hong Kong Stock Exchange. 30 August 2016 867: 865: 863: 294: 38: 531:for CN¥65.00 million respectively. 375:Leshi Internet formerly did business as 3116:Internet properties established in 2004 687: 3126:Chinese companies established in 2004 1129: 1127: 7: 999:(in Chinese (China)). 30 August 2017 979:– via Shenzhen Stock Exchange. 895:– via Shenzhen Stock Exchange. 830:– via Shenzhen Stock Exchange. 795:– via Shenzhen Stock Exchange. 338: 1105:Huang, Zheping (22 January 2016). 442:and his elder sister Jia Yuefang ( 14: 3106:Civilian-run enterprises of China 438:As of 31 December 2015, chairman 3091:Entertainment companies of China 3050: 3049: 2400:Fujian Jinhua Integrated Circuit 2344: 2199: 761:– via The Telegraph India. 45: 1048:陆一夫 (17 April 2019). 赵泽 (ed.). 677:List of Le original programming 240:(former, now associate company) 3086:Companies in the CSI 100 Index 3076:Chinese entertainment websites 628: 619: 528: 524: 492: 483: 466: 447: 389: 384: 356: 347: 316: 278: 264: 1: 2405:Hejian Technology Corporation 2351:Electronics industry in China 1022:Borak, Masha (16 July 2018). 500:) from Jia's private company 3121:2004 establishments in China 848:. Hong Kong. 7 December 2016 509:Truly International Holdings 110:; 19 years ago 3142: 3101:Companies based in Beijing 2395:Dongfang Jingyuan Electron 2036:Sony Entertainment Network 774: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 603: 25: 18: 16:Chinese technology company 3045: 2447:Maxscend Microelectronics 2216: 2051:Streamworks International 1684:Microsoft Movies & TV 1290: 383:in Chinese (Chinese: 331: 327: 293: 248: 244: 44: 3096:Video on demand services 1876:Global Wrestling Network 1078: 1050: 991: 957: 873: 846:South China Morning Post 773: 273:Traditional Chinese 2726:Zhixin New Information 1672:YouTube Movies & TV 721:"Jia Yueting | leaders" 552:video streaming service 546:Video streaming service 418:Shenzhen Stock Exchange 259:Simplified Chinese 79:Unlisted public company 2514:United Nova Technology 2457:NAURA Technology Group 2206:Video hosting services 2157:WWE Classics on Demand 2142:Warner Archive Instant 1851:Disney Movies Anywhere 406: 2843:Chaozhou Three-Circle 2820:Electronic components 2487:Sanan Optoelectronics 2365:Actions Semiconductor 1285:and sharing platforms 1161:"2016 Interim Report" 1051:乐视网再被讨债 平银能矿索赔13.35亿元 541:Products and services 404: 2380:Allwinner Technology 2152:Windows Media Center 1141:. Le Technology, Inc 1058:(in Chinese (China)) 958:关于放弃控股子公司增资的优先认购权的公告 810:"2015 Annual Report" 360:), known legally as 992:信利国际弃投乐视致新 追讨逾2亿投资款 971:on 15 February 2017 874:关于公司重大事项暨引入战略投资者的公告 461:On 13 January 2017 41: 2519:Will Semiconductor 2452:Montage Technology 2046:Starlight Networks 1816:Chicken Pork Adobo 1647:Amazon Prime Video 1401:The Film Detective 1396:Endeavor Streaming 887:on 18 January 2017 822:on 9 November 2016 787:on 9 November 2016 640:for 52.10% stake. 636:, a subsidiary of 471:Le Vision Pictures 452:Le Vision Pictures 429:Le Vision Pictures 407: 108:November 2004 3063: 3062: 2984:Shanghai Electric 2979:Panda Electronics 2904:China Hualu Group 2894:Anker Innovations 2868:Zhongji Innolight 2660:TCL Communication 2651:BlackBerry Mobile 2619:Motorola Mobility 2502:Tsinghua Unigroup 2310: 2309: 2165: 2164: 2061:TalkTalk TV Store 1991:PlayStation Video 1194:ChinaTechNews.com 366:Chaoyang District 335: 334: 323: 322: 304:Standard Mandarin 279:樂視網信息技術(北京)股份有限公司 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Index

LeEco
Leshi Zhixin
Lenovo LeTV
Le.com English-language logo
Trade name
Unlisted public company
Traded as
SZSE
300104
Jia Yueting
Chaoyang District
Beijing
Streaming media
LeEco
Sunac China
Subsidiaries
Leshi Zhixin
Simplified Chinese
Traditional Chinese
Standard Mandarin
Hanyu Pinyin
Chinese
pinyin
Chaoyang District
Beijing

Jia Yueting
Chinese
Shenzhen Stock Exchange
IPO

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