LeTV |

Le.com Prepares for Potential Bankruptcy and Delisting

Nov 21, 2018 / News /

Le.com, internet technology and content company founded by Jia Yueting, founder of Faraday Future (FF), reported a total debt with interest to be around RMB8 billion ($555.4 million) for the period ended September 30 during an interim shareholders’ meeting on November 19. Read More

Shenzhen Stock Exchange Questions LeTV for Using Blockchain as a Buzzword

Jul 15, 2018 / News /

Leshi Internet Information and Technology, previously known as LeTV, has been questioned by Shenzhen Stock Exchange regarding its smart TV subsidiary Lerong Zhixin’s new blockchain business. Read More

China TV Sales on the Fritz

Dec 20, 2017 / News /

Sales of television sets in China have fallen to their lowest level in five years, while manufacturers’ profits have also plummeted, a senior Ministry of Industry and Information Technology (MIIT) official said at an industry conference. Read More

LeTV’s New Q3 Numbers Paint Grim Reality For the Company

Nov 16, 2017 / News /

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 name. Read More

LeEco’s Leshi Becomes ‘New Leshi’ to Distance Itself From Founder

Sep 28, 2017 / News /

The proposed change is believed to be a sign of a complete severing of ties from founder Jia Yueting. Read More

TCB in RMB: Great Wall Buys Gu Changwei’s Premiere Age

Jun 19, 2017 / Money /

Some big deals in film and television in our weekly wrap of China entertainment investment and M&A activity. Read More

LeEco Cash Crunch Eases With Share Transfer

Apr 1, 2017 / Money /

With the completion the share transfer formalities, LeEco has sold 171 million shares, or 8.56 percent of the arm’s total equity, for RMB 6.04 billion. Read More

First Netflix, Now Amazon Prime Video Expand Globally — Without China

Dec 15, 2016 / News /

Amazon Prime Video expanded its global presence on Wednesday, provided that by "globally," one doesn't expect that to include China. Read More

China’s Online Video Market in the Middle of Transition to Paid Subscribers, Self-Produced Content

Dec 12, 2016 / News /

China's online video sites are moving from an ad-based model to greater revenue from subscribers. Read More

The Dilemma Of Chinese Online Videos Sites

Sep 5, 2016 / News /

Live streaming has created a new battleground for China’s top online video sites. Most Chinese video sites still rely on advertising rather than subscriptions for revenue. All of China’s top video providers attract users with a mix of content, including original programming. In recent comments, Martin Lau, the president of Tencent, China’s largest internet company Read More

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