LeTV.com
| Public | |
| Industry | Consumer electronics, streaming |
| Founded | 2004 (Beijing, China) |
| Founder | Jia Yueting |
| Headquarters | Beijing, China |
|
Area served
|
Worldwide |
|
Key people
|
Jia Yueting (CEO) |
| Products | Smart TV |
| Website | www |
Letv (Chinese: 乐视, traditional Chinese: 樂視, pinyin: Leshi) was established in November 2004 and listed on the Growth Enterprise Market in China on August 12, 2010. Letv has a market capitalization of more than 400 million (RMB), which is the highest on the Growth Enterprise Market. The company currently has more than 50 million PV per day, and over 350 million views per month. Letv has a broad spectrum of services and a well established ecological platform, which covers online entertainment, television production and distribution, smart terminals, large-screen application markets and e-commerce.
Over the past decade, Letv has celebrated a number of worldwide achievements. Those include: 1st in China's user scale professional long video site, first Internet Company to launch its own self-developed and branded smart TV, first Internet Company to own a large-scale film company, China's first employed self- made content strategy company. Statistics shows that this year, Smart TV holds the crown in online sales, which accounted for more than 20%, and even more than 30% in sales. In July this year, online sales accounted for 27.1%, which means that for every four online television sales, there is almost one Smart TV sold.
Contents
About Letv[edit]
The LeTV is an interactive platform for entertainment databases, providing movies, animations, news and lifestyle information etc. It was the third video streaming site in China by number of video play hours in July and August 2014.[1]
LeTV Ecosystem[edit]
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This section is empty. You can help by adding to it. (December 2014) |
Products and Services[edit]
The company is principally engaged in the research, development, as well as innovation of P2P online video distribution application technology and mobile phone TV technology. The development of the terminals of Letv is the most important part in the Letv Ecosystem. In the field of smart hardware, Letv has launched the Smart TV, Letv box and other products. In the field of terminal software, Letv has created Letv UI, which is the best smart TV UI system so far.[2]
Streaming[edit]
"Super TV" (Smart TV)[edit]
Sales Records[edit]
Flash Sales in Hong Kong[edit]
| Date | Model | Sales Record |
|---|---|---|
| Aug. 19, 2014 | X50 Air | 100 sets in 2 seconds |
| Oct. 9, 2014 | X50 Air | 1000 sets in 9 minutes and 38 seconds[3] |
| Nov. 13, 2014 | X50 Air | 1000 sets in 9 minutes and 5 seconds[4] |
| Dec. 2, 2014 | S40 Air | 300 sets in 27 seconds[5] |
Sales Record on Singles' Day 2014[edit]
On November 11, 2014, Chinese's Singles' Day, major Chinese e-commerce companies achieved record-breaking sales. Letv, as one of the China's top TV manufacturers, achieved sales record on Alibaba’s Tmall with more than $159 million RMB (about $26 million) sales made on that day.[6]
Overseas Development[edit]
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This section is empty. You can help by adding to it. (December 2014) |
Stock[edit]
LeTV.com plans to list in A-shares in 2009 on either growth or small- and medium-enterprise markets.
LeTV.com announced first-round investment of RMB 52.8 million led by Shenzhen Capital Group, Nanhai District Enterprise Growth Investment Trust Fund, and Beijing Huijin Lifang Venture Capital in early August 2008.[7]
See also[edit]
Notes[edit]
- ^ C. Custer (October 9, 2014). "LeTV cracks China’s top 3 video streaming sites". Tech in Asia. Retrieved October 20, 2014.
- ^ "Letv Sold 300 Units of S40 Air Smart TV Online in a Record-breaking 27 Seconds". Yahoo Finance. 3 December 2014. Retrieved 3 December 2014.
- ^ 乐视TV. "超级电视9月"逆势独秀"月销量超20万台". Retrieved 3 December 2014.
- ^ "Letv Arrives in Hong Kong -- Third Mega-Promotion Sells 1000 X50 Air TVs in 9 Minutes and 5 Seconds". Yahoo Finance. Retrieved 3 December 2014.
- ^ "Letv Sold 300 Units of S40 Air Smart TV Online in a Record-breaking 27 Seconds". Yahoo Finance. Retrieved 3 December 2014.
- ^ Shu, Catherine (11 November 2014). "Singles’ Day Underscores The Importance Of Mobile And Lower-Tier Cities For China’s E-Commerce Companies". Tech Crunch. Retrieved 4 December 2014.
- ^ http://www.pacificepoch.com/newsstories?id=134951_0_5_0_M
