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LeEco
LeEco () is a Chinese company founded by Jia Yueting, the founder of Le.com (formerly LeTV). The group maintains businesses in video streaming, cloud services, software development, consumer electronics, such as smartphones, smart TVs, VR, electric bicycles, electric cars, film production and distribution, real estate, wine, retail, eCommerce, and other business. LeEco has expanded to countries outside of China, such as the United States, India, and Russia. From late 2016 onward, LeEco has been experiencing financial limitations due to aggressive strategic expansion and difficulties in acquiring new funds. As of September 2018, LeEco has sold its remaining ownership of Leshi Zhixin Electronic Technology Co., Ltd. and Le Vision Pictures to Sunac. In October 2018, Le.com formally announced it is not for sale and is exploring solutions to address its financial issues. History The predecessor of the diversified group, Letv (), was founded by Jia Yueting in Beijing in 2004 and was th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jia Yueting
Jia Yueting (; born 15 December 1973, YT Jia) is a Chinese businessman who is the founder of Leshi Holding Group and the former CEO of Faraday Future. He previously founded LeEco and the Le.com subsidiary LeSports, and is the former chairman and CEO of Le.com as well as the former chairman of both Coolpad Group and Sinotel Technologies. Jia has been involved in several financial controversies related to his companies. In October 14, 2019, he filed for bankruptcy with a personal debt of over USD $3.6 billion. Early life Jia Yueting was born in Xiangfen, Shanxi, China in December 1973. Education Jia completed his undergraduate studies at Shanxi Provincial Finance and Taxation Vocational College () with concentration in finance. He once took executive courses in the private business school Cheung Kong Graduate School of Business () with unspecified time. Career Jia started as a tech support personnel in a Shanxi Province tax office. Sinotel Technologies / Xbell Communication J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Letv 1s Model
Le.com (), 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. Leshi Internet formerly did business as LeTV in English instead of Le.com. However, Leshi Internet still operates the brand Leshi Video in Chinese (). 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. Le.com claims to be the world's first IPO company in its sector. As of 2015, the listed company claimed the market capitalization of itself was US$12 billion. On 5 December 2015, Le.com announced that the listed company would acquire Le Vision Pictures from LeEco, 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LeMall
LeMall.com, ( Chinese: 乐视商城; pinyin: ''lèshì shāngchéng''), a subsidiary of LeEco (formerly known as Letv), is a Chinese e-commerce store, specialising in electronics and selling products made by its parent company LeEco, including smart devices, TVs and smartphones, bicycles and virtual reality headsets. History Founded in November 2004 by Jia Yueting, LeEco is involved in several business areas, including Internet TV, film and video production and distribution, smart gadgets, big-screen applications, and Internet-linked electric cars. LeEco comprises a number of subsidiaries including LeMall.com, Le Vision Pictures and Le Mobile. On 15 October 2015, LeMall.com launched its US beta version e-commerce store with mobile electronics products, including headphones and Bluetooth speakers. In November 2016, LeEco officially expanded into the US market, beginning sales of mobile phones, televisions, headphones, and eventually "smart bicycles" on its privately owned marke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vizio
Vizio Inc. (stylized as VIZIO) is an American publicly traded company that designs and sells televisions, sound bars, viewer data, and advertising. The company was founded in 2002 and is based in Irvine, California.Lawton, Christopher, Iwatani Kane, Yukari and Dean, JasonU.S. Upstart Takes On TV Giants in Price War", ''The Wall Street Journal'', 2008-04-15. Retrieved on April 15, 2008. History The company was founded in 2002 as V Inc. by entrepreneur William Wang and two founding employees. By 2004, Wang changed the company name to Vizio. In 2006, the company's revenue was estimated at $700 million, and in 2007 it was estimated to have exceeded $2 billion. Vizio is known for selling its HDTVs at lower prices than its competitors. On October 19, 2010, Vizio signed a 4-year contract to sponsor U.S. college football's annual Rose Bowl game in Pasadena, California, beginning with the 2011 Rose Bowl and ending with the 2014 Vizio BCS National Championship Game. When the Rose Bow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Le Vision Pictures
Le Vision Pictures (Levp), a subsidiary of LeEco, is a production and distribution company in China. Founded in 2011, Le Vision Pictures has headquarters in Beijing and offices in Hong Kong and Los Angeles, U.S.. It has produced and distributed several hits, including ''The Bullet Vanishes'', '' The Expendables'' franchise and the '' Tiny Times'' franchise. More recently, Le Vision has signed Zhang Yimou, Lu Chuan, Tsui Hark and Guo Jingming. In 2014, the company was the sixth-largest film distributor in China, with 4.1% of the market. History In 2011, former president of Enlight Pictures, Zhang Zhao (), founded Le Vision Pictures. He currently serves as Chairman & CEO of the new company. In May 2013, Zhang Yimou, joined the firm as a contracted movie director and Creative Director. In March 2014, director Lu Chuan joined. During its first two years, Le Vision launched its “O2O Marketing System”, a business model to connect with consumers across new and established on-li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Faraday Future
Faraday Future is an American start-up technology company focused on the development of electric vehicles, founded in 2014. History Founding Faraday Future was founded by Chinese businessman Jia Yueting in April 2014 and is headquartered in Los Angeles, California, in the Harbor Gateway neighborhood adjacent to Carson, California. From its inception in 2014, the company grew to 1000 employees by January 2016. The company is named for a founding principle of electric motor technology known as Faraday's law of induction, which in turn is named after English scientist Michael Faraday who discovered electromagnetic induction. Factory plans Faraday Future announced in November 2015 that it would invest up to $1 billion in its first manufacturing facility. In December 2015, Faraday Future settled on a location in North Las Vegas for its manufacturing site, to be built by AECOM for $500 million. Construction began in April 2016 on infrastructure which Nevada agreed to build, but wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inscape Data Services
Inscape is a provider of ACR services to Smart TV OEMs. The company was founded in 2009 as TV Interactive Systems later renamed Cognitive Media Networks Inc. On August 10, 2015, Vizio acquired Cognitive Media Networks and renamed it Inscape. In July 2016 Vizio announced Inscape will spin off and operate as a separate, privately owned company. History Inscape was founded in 2009 by Zeev Neumeier as TV Interactive Systems. In 2012 the company raised $2.5 million in funding from Rogers Venture Partners, rebranded as Cognitive Networks, and hired Michael Collette as its CEO. On August 28, 2013, LG announced its LivePlus interactive service powered by Cognitive Network ACR. LG subsequently partnered with Showtime Network to launch in-program interactivity using Cognitive Network ACR. On August 10, 2015, Vizio acquired Cognitive Networks and renamed it Inscape In July 2016 Vizio announced Inscape will spin off and operate as a separate, privately owned company with past Vizio V ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leshi Zhixin
Leshi ( my, လေရှီးမြို့; also spelt Lashi or Layshi), is a town in Naga Hills of Sagaing Division on the north-west frontier of Burma. According to the new 2008 Constitution of the military regime, it will now be grouped together with Lahe and Nanyun in Naga Self-Administered Zone. Leshi is reached via Htamanthi across the Chindwin River by boat from Homalin, and there are domestic flights from Yangon and Mandalay to Homalin. The Naga New Year Festival is held on 15 January, and Lahe, Leshi, Hkamti and Nanyun hosted it in rotation until it became state-sponsored for the benefit of tourism and limited to Leshi and Lahe since 2003 during the time of the ousted prime minister Khin Nyunt. Naga insurgents fighting against the Indian government have bases in the area over the Burmese side of the border. The Burmese army have launched offensives against these camps in recent years following top level meetings between the two governments. In October 2008, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sun Hongbin
Sun Hongbin (; born 1963) is a Chinese American real estate developer. He is the founder, chairman, and majority owner of Sunac. Early life Sun was born in Shanxi province in 1963. Sun received his undergraduate education at the Wuhan Water Conservancy and Electric Power College (which merged into Wuhan University in 2000) and graduated in 1981. He received a Master of Engineering from Tsinghua University in 1985. He attended a six-week advanced management program at Harvard Business School in 2000. Career Sun is the chairman and majority shareholder of Sunac, the Chinese property group. In 1992, he was jailed in China following an embezzlement conviction which was later overturned. In October 2017 he was ordered to do "26 hours of re-education in corporate governance" after being censured for having broken the listing rules of the Hong Kong Stock Exchange. Personal life Sun attains the Citizenship of the United States, and lives in Tianjin Tianjin (; ; Mandarin: ), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sunac
Sunac China Holdings Limited, or Sunac (), is a major property developer headquartered in Tianjin, China. The company focuses on large-scale, medium to high-end property developments. It does not only focus on its home market of Tianjin, but also has operations in Beijing, Chongqing, Wuxi and other cities. In July 2017, Sunac reached a $9.3 billion deal to buy Dalian Wanda's tourism projects and hotels, forming the second-biggest real estate deal ever in China at the time. History Sunac was founded in 2003 in Tianjin by Sun Hongbin, previously the founder, chairman, and CEO of Sunco Group. It was listed on the Hong Kong stock exchange on 7 October 2010 with the IPO price of HK$3.48 per share. In July 2017, Sunac acquired 13 tourism projects from Dalian Wanda for US$6.6 billion The company also acquired a stake in Chinese streaming service ''le.com'' in 2017. In March 2020, the company reported profits of $3.7 billion in 2019, an increase of 57% from the previous year. In Ap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tencent
Tencent Holdings Ltd. () is a Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the world’s largest company in the video game industry based on its investments, with Tencent Games being the subdivision of Tencent Interactive Entertainment Group (IEG) focused on publishing of games. Founded in 1998, its subsidiaries globally market various Internet-related services and products, including in entertainment, artificial intelligence, and other technology. Its twin-skyscraper headquarters, Tencent Seafront Towers (also known as Tencent Binhai Mansion) are based in the Nanshan District of Shenzhen. Tencent is the world's largest video game vendor, as well as one of the most financially valuable companies. It is among the largest social media, venture capital, and investment corporations. Its services include social net ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
