LeTV’s new Q3 numbers paint grim reality for the company
LeTV—which has recently changed its name to New Leshi as a symbolic new beginning—did not manage to shake off the numbers that came with its former nam…
Tag: LeTV
Jia Yueting demands time for LeTV to repay its debt
Editor’s note: A version of this post by Xu Wei first appeared on Yicai Global. Jia Yueting, founder of LeTV Holdings (Beijing), said in a statement…
Leshi Internet rumored to have new president
Smart TV maker Leshi Zhixin's (乐视致新 in Chinese) president Liang Jun is rumored to take up the post of president of its parent Leshi Internet Informatio…
The Dilemma Of Chinese Online Video Sites
In recent comments, Martin Lau, the President of Tencent, China's largest internet company by revenue, said the state of the video streaming market was…
LeEco Acquires Vizio For $2B Amid U.S. Expansion
China's LeEco has agreed to acquire U.S. consumer electronics company, Vizio, for $2 billion USD, the Chinese company said on Tuesday. It comes as the …
LeCloud Pockets 1 Billion RMB Series A
LeCloud, the cloud computing and data processing arm of Chinese internet giant LeEco (formerly known as LeTV), announced on Thursday that they received…
Live Concert Streaming Is Taking Off In China
A flock of Chinese tech companies and music companies have entered concert streaming business since 2014, ranging from online video sites (Youku, iQiyi…
LeTV Edges Into Virtual Reality With ‘LeVR’
LeTV has taken their first steps into the VR market, releasing a smartphone headset priced at 149 yuan ($23 USD). The LeVR Cool 1 goes on sale by Decem…
Nine Mind-Blowing Things We Learnt On China’s Singles’ Day 2015 Mega-Sale
1. Alibaba's Total Revenue Total GMV (Gross Merchandise Volume) settled through Alibaba's payment affiliate Alipay was $14.3 billion USD (91.2 bil…
Momo Enters Live Music Broadcasting Market With ‘Xianchang’
Location-based social network Momo has launched a live concert broadcasting platform called Momo 'Xianchang', meaning 'on the spot'. Through Momo Xia…
Four Hi-Tech Car Concepts From Chinese Internet Companies You’ll See Within A Year
It's the year of four wheels for China's internet giants, and the country's tech companies are racing to get their concepts ready by 2016. Cars in …
Aston Martin, LeTV Finally Reveal Electric Car Concept
If you were wondering what LeTV and Aston Martin might have been working on since they announced their partnership in April, wonder no more. The Ch…