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Le. com - Wikipedia. For the consumer electronics company founded by Le. Le. Eco. Le. com (Chinese: 乐视网; pinyin: Lèshì Wǎng), 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.

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It is headquartered in Chaoyang District, Beijing. Leshi Internet formerly trading as Le. TV in English instead of Le. However, Leshi Internet still operate the brand Leshi Video in Chinese (Chinese: 乐视视频; pinyin: Lèshì Shìpín). History[edit]. Previous Leshi Internet logo, used until January 2. Jia Yueting founded Letv. It was subsequently listed as a Chinese national high- tech enterprise and went public on the Shenzhen Stock Exchange on August 1.

Le. com claims to be the world's first IPO company in its sector. As of 2. 4 March 2. Letv amounted to RMB 8. On 5 December 2. 01. Le. com announced that the listed company would acquire Le Vision Pictures from Le. Eco, a holding company majority owned by the largest shareholder, founder and chairman of Le.

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Jia Yueting, subject to the approval of the shareholders of the listed company. As at 8 November 2. As at 3. 1 December 2. Jia Yueting and his elder sister Jia Yuefang (Chinese: 贾跃芳) had pledged 6. Le. com, which they owned just 7.

Le. Eco). By percentage, they owned approx. At the same time, Le. CN¥3. 4. 72 billion from Jia family. Le. com also had CN¥1. Le. Eco, and CN¥7. Le Vision Pictures)[6] The leverage of Le. Le. com and Jia's privately owned Le.

Eco.[7] During 2. Le. com also recapitalized by some private equity funds; former subsidiary Le. Sports was also recapitalized in 2. Le. com, was diluted to just 1.

Sunac China takeover[edit]On 1. January 2. 01. 7 Sunac China (via Tianjin Jiarui Huixi (Chinese: 天津嘉睿汇鑫企业管理), a subsidiary of Tianjin Yingrui Huixi (Chinese: 天津盈瑞汇鑫企业管理), which Sunac China had a contract with Tianjin Yingrui Huixi that Sunac China used Tianjin Yingrui Huixi as a proxy to invest in China in order to bypass the law on restriction on foreign investment) bought 8. Le. com from Jia Yueting, for an approx. CN¥6. 0. 41 billion (CN¥3. Jia Yueting released the pledge of the shares of Le. After the deal, Jia Yueting owned 2. Le. com (additional 0.

Le. Eco), while Tianjin Jiarui owned 8. In a separate deal, Tianjin Jiarui bought 1. Le Vision Pictures from Le. Eco, and Jia and Le. Watch Alpha And Omega Online Mic. Eco undertake to inject Le Vision Pictures to Le. December 2. 01. 7, unless it was delayed by China Securities Regulatory Commission or related regulatory authorities. In a third deal, Tianjin Jiarui acquired part of the stake of Leshi Zhixin from Le.

Xinle Asset Management Tianjin (Chinese: 鑫乐资产管理(天津), a fund for employee ownership[8]), for CN¥2. CN¥2. 6. 48 billion respectively.

After the transaction, Leshi Zhixin would issue 1. Tianjin Jiarui for an additional CN¥3 billion (share capital and share premium combined). After the deals, Le. Tianjin Jiarui for 3. Le. Eco for 1. 8. Xinle would owned just 1.

Ningbo Hangzhou Bay New District Le. Ran Investment Management (Chinese: 宁波杭州湾新区乐然投资管理) for 4. Huaxia Life Insurance for 1. In February 2. 01. Le. com formed an agreement with a supplier Truly International Holdings (SEHK: 0. Truly would own 2.

Leshi Zhixin for CN¥7. However, in August Truly sued Leshi Zhixin in civil court in order to recover a paid- in investment of CN¥2. In July 2. 01. 7 Jia Yueting resigned as the chairman and CEO.

Products and services[edit]Video streaming service[edit]Le. TV dramas and over 5,0. The site draws an estimated 2. TVs.[citation needed]One of the most popular shows on Le. Go Princess Go series.[1. Le. com's online video streaming service has been receiving positive response in China.[by whom?] While Le.

TV and movie streaming, its LIVE and Le. Vidi services focus on live broadcasting and short videos from You. Tube and other content providers, respectively. For its streaming service in the United States, Le. Machinima Inc., Tastemade, Seeso, and Indieflix, among others.[1.

Its services Le, Le. Vidi, and LIVE are often marketed collectively as Eco. Pass. Flat screen TV[edit]Le. TV via a non wholly owned subsidiary Leshi Zhixin (Chinese: 乐视致新; pinyin: Lèshì zhìxīn). The subsidiary also owned a minor stake (2. TCL Multimedia (SEHK: 0. Watch Jack Irish: Dead Point 4Shared there.

TCL Corporation for 5. Le. Cloud[edit]Le.

Cloud, previously Letv Cloud, invented the Vaa. S (Video- as- a- Service) model in 2. Iaa. S, Paa. S, and Saa.

S.[1. 6] Vaa. S 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 Le. Cloud team and Microsoft jointly held a press conference in Beijing in May 2. Microsoft Azure.[1. References[edit]External links[edit].