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LeEco
LeEco () is a List of companies of China, Chinese Conglomerate (company), conglomerate founded by Jia Yueting, the founder of Le.com (formerly LeTV). The group maintains businesses in Video on demand, 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 experienced 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, ...
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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 14 October 2019, he filed for bankruptcy with a personal debt of over US$3.6 billion. In April 2025, Jia was appointed co-CEO of Faraday Future. Early life Jia Yueting was born in Xiangfen, Shanxi, China in December 1973. 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 ...
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Letv 1s Model
(), 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 12 August 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 the listed ...
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Vizio
Vizio is an American designer of televisions, soundbars, and related software and accessories owned by Walmart since 2024. 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'', April 15, 2008. 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. In late 2014, Vizio acquired Advanced Media Research Group, Inc., the parent of entertainment website BuddyTV. On July 24, 2015, Vizio filed with U.S. regulators to raise up to $172.5 million in an initial public offering of Class A common stock. In August 2015, Vizio ...
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Faraday Future
Faraday Future Inc. is an American startup technology company founded in 2014 focused on the development of electric vehicles. Based in Los Angeles, California, it began producing vehicles in 2023 and markets them in the United States and China. The company delivered a total of 16 vehicles by January 2025. After two funding rounds in late 2024 totaling $60 million, the company announced it will pivot to selling rebadged Chinese vans. History Faraday Future was founded by Chinese businessman Jia Yueting in May 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 1,000 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. In October 2024, Faraday Future and Master Inves ...
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Le Vision Pictures
''LeVision Pictures'' is a Chinese film production and distribution company that was founded in 2011 as a subsidiary of LeEco, a Chinese conglomerate established by Jia Yueting. In 2018, the company was acquired by the Chinese property group Sunac and renamed Suniverse Film Entertainment. Its operations encompass film production, publicity, distribution, copyright management, and business development. In 2019, Suniverse Film Entertainment was integrated into the Sunac Culture Group, focusing on family entertainment content. The company has produced and/or distributed films such as The Expendables franchise, The Bullet Vanishes, and Tiny Times. Additionally, it holds the copyrights to several Chinese TV drama series, including Empresses in the Palace, Legend of Mi Yue, and Red Sorghum. History In 2011, Zhang Zhao (), the former president of Enlight Pictures, founded Le Vision Pictures, where he served as chairman and CEO. Zhang Yimou joined the firm as a contracted movie an ...
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Leshi Zhixin
Leshi Zhixin Electronic Technology (Tianjin) Co., Ltd. (also known as LeTV Zhixin) is a Chinese television manufacturer which was a subsidiary of Le.com (aka LeTV). In 2017 Sunac China bought a part of Leshi Zhixin's stake, as well as subscription of new shares. Other new investors of the company were Huaxia Life Insurance (1.1310%) and a private equity fund LeRan Investment. The company produced TV that branded "Leshi SuperTV". History 2016 In late 2015, it was announced that Leshi Zhixin would bought the new shares of TCL Multimedia for HK$2.27 billion (HK$6.5 per share), a subsidiary of TCL Corporation. On 11 May 2016, the deal was completed, which Leshi Zhixin holds the stake via Hong Kong incorporated subsidiary Letv ZhiXin Investment (HK) Limited. 2017 On 13 January 2017 Sunac China (via Tianjin Jiarui Huixi (), a subsidiary of Tianjin Yingrui Huixi (), which Sunac China had a contract with Tianjin Yingrui Huixi that Sunac China used Tianjin Yingrui Huixi as a proxy ...
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Inscape Data Services
Inscape is an American provider of automatic content recognition (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 sep ...
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Sun Hongbin
Sun Hongbin (; born 1963) is a Chinese-American businessman. 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 earned a Master of Engineering from Tsinghua University in 1985. Sun also 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 has American citizenship, Citizenship of the United States, and lives in Tianjin, China. He is married with ...
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CNBC
CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Daytime television in the United States, daytime trading day, and early-evening hours, with the remaining hours (such as weekday prime time and weekends) are filled by business-related Television documentary, documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City. CNBC was originally founded in April 1989 as the Consumer News and Business Channel, a joint venture between NBC ...
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AT&T
AT&T Inc., an abbreviation for its predecessor's former name, the American Telephone and Telegraph Company, is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's List of telecommunications companies, third largest telecommunications company by revenue and the List of mobile network operators in the United States, third largest wireless carrier in the United States behind T-Mobile US, T-Mobile and Verizon. As of 2023, AT&T was ranked 32nd on the Fortune 500, ''Fortune'' 500 rankings of the largest United States corporations, with revenues of $122.4 billion. The modern company to bear the AT&T name began its history as the American District Telegraph Company, formed in St. Louis in 1878. After expanding services to Arkansas, Kansas, Oklahoma and Texas through a series of mergers, it became the Southwestern Bell Telephone Company in 1920. Southwestern Bell was a subsidiary of AT&T Corporation, ...
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Sunac China
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 A ...
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