to be rewritten . the reason given is reads like an advertisement . please discuss this issue on the article s talk page . use the lead layout guide to ensure the section follows wikipedia s norms and to be inclusive of all essential details . august 2016 learn how and when to remove this template message leshi internet information and technology trading name leeco native name formerly called letv type private company traded as szse 300104 industry consumer electronics founded november 2004 founder jia yueting headquarters chaoyang district beijing china area served china united states and india key people jia yueting chairman and ceo 1 products mobile phones smartphones tablet computers smart home devices television cars revenue us 1.6 billion 2014 1 number of employees 5000 subsidiaries vizio le vision pictures 2 website www.le.com www.leeco.com leshi internet information and technology also known as leeco formerly letv is a chinese technology company and one of the largest online video companies in china . it is headquartered in chaoyang district beijing . founded in november 2004 by jia yueting leeco group is building a le ecosystem an online platform with content devices and applications . leeco is engaged in a myriad of businesses spanning from internet tv video production and distribution smart gadgets and large screen applications to e commerce eco agriculture and internet linked electric cars which were announced in late 2014 . it has launched six smartphones under its le brand the le 1 le 1 pro le max le 1s le 2 and le max 2 . the four dual sim smartphones are claimed to be the first in the world to come with usb type c ports . leeco group also consists of the film production company called le vision pictures . on 26 july 2016 leeco announced acquisition of california based consumer electronics manufacturer vizio inc. for us 2 billion . 3 4 as part of the definitive agreement leeco will acquire all of the vizio hardware and software operations technology and intellectual property . vizio will operate as a wholly owned subsidiary of leeco while the vizio data business inscape will spin out and operate as a separate privately owned company . the transaction is expected to close during the fourth quarter of 2016 . 5 6 7 the company has 5 000 employees and is expanding to other countries such as the united states 8 9 and india . 10 india became leeco s first market outside of china . 11 contents 1 history 2 products 2.1 letv music 2.2 letv sports 2.3 smart tv 2.4 le mobiles 2.5 letv cloud computing 2.6 driverless car 3 references 4 external links history edit jia yueting founded shanxi xi bei er communication technology co. ltd. in 2003 he founded 12 xbell union communication technology beijing co. ltd. which was listed on the main board of the singapore exchange in 2007 . in 2004 he founded letv.com which was listed on start up board in china . the group comprises a number of subsidiaries including letv.com leshi zhi xin le vision pictures wangjiu.com letv holding letv investment management and le mobile . in 2014 the aggregate sales of the group amounted to approximately rmb 10 billion . citation needed in 12 august 2010 the company was listed on the shenzhen stock exchange making it the world s first ipo company in the sector . it was also listed on china s a share market . as of 24 march 2015 the market value of letv 13 amounted to rmb 84 billion . letv.com currently offers more than 100 000 episodes of tv dramas and over 5 000 movie titles . in addition the site draws an estimated 250 million page views per day 350 million users per month 100 million daily content viewers on mobile devices and 10 million daily content viewers on large screen tvs . since the company launched its flagship phone le max in july sales increased for two consecutive months according to a latest report from sino market research a subsidiary of gfk . the report notes for online high end phone over us 472 per unit market in china le max has become the top seller ahead of apple and samsung . in august 2015 letv ranked no. 5 for taking 4.5 % online smartphone market by selling approximately 427 000 units including le 1 le 1pro and the flagship le max . citation needed the company currently has around 5 000 employees . in september 2016 the company announced the acquisition of dichotomy creative group and the creation of le vision entertainment a us based film studio . 14 products edit letv music edit letv.com announced in hong kong that they have established a music company . 15 y n li ng core creator of letv s music business was appointed chief executive officer of the new letv music company while lei zhenjian was appointed chairman . letv music is one of the many music video content creation and 4k content in china . it is the only music video provider that covers pc phone tablet and tv terminals . the company is looking to become an internet music technology company that united the value chain of the music industry . the company is planning to create a music industrial ecosystem with ip internet hardware and value added services . letv has been integrating the upstream ip sector and may implement more capital investment . the company will also tap the concert o2o business model . moreover it is expected to launch music hardware before the end of 2015 . letv sports edit letv sports the sports arm of china s letv holdings co ltd letv sports 16 completed its first round of financing . as a young start up established in 2014 letv sports culture develop ltd has raised 800 mn rmb us 128.8 million in series a funding valuing the video streaming business at 2.8 billion yuan around us 451.1 million setting a couple of new records in funding capital and expected market value . 17 letv sports gathers the most powerful team members including lei zhenjian sina and letv s former editor in chief liu jianhong and huang jianxiang . having evolved from a page on the leshi movie and tv site letv.com in 2012 into a paraentity streaming live sports events including nba and ncaa basketball games from the united states letv sports now shifting toward an all round sports media business smart tv edit letv s online video streaming service has been receiving positive response in china and letv holdings co ltd introduced six new smart tv 18 products in hong kong . based on the le ecosystem the newly launched third generation of super tv sets in two major series and three flagship models are all priced lower than the hardware costs said liang jun president of le shi zhi xin the tv business arm of letv . design features a nice simple border design and basic alloy stand . pricing of these tv s is for the chinese mainland . supertv series 3 was announced in september 2015 with 5 models currently available thru the lemall.com . the flagship model max65 of a 4k 65 smart tv prices at a low price of hk 10999 with 6 months of free english premier league subscription . 1 one of the letv popular video streaming shows has been the go princess go series . 19 le mobiles edit chinese online video content service letv has unveiled three high end smartphones in its home market le 1 le 1 pro and le max . the company has teased the arrival of their snapdragon 820 smartphone . 20 some le max 2 & x pro details surfaced and the company s mid range le 1s smartphone surfaced on antutu . april 2016 leeco launched 3 new models le 2 21 le 2 pro and le max2 . 22 as per the needs of indian market leeco tweaked the hardware of le 2 23 to launch it in india alongside le max2 . 24 on 21 september 2016 leeco unveiled the le pro 3 in china . 25 the le pro 3 is powered by snapdragon 821 soc which makes it the first leeco smartphone to come with this chipset . the device sports a 5.5 inch full hd display with 2.5 d curved glass which is backed by a 4070 mah battery . at the back of the device is the 16 mp primary camera below which is the fingerprint scanner . for selfies and video calls the device has an 8 mp camera on the front . there are a total of four different variants of le pro 3 . two of which are the zhang yimou editions . one of the zhang yimou edition comes with 4 gb ram and 64 gb internal storage whereas the other comes with 6 gb ram and 128 gb internal storage . the regular variants come with 4 gb ram and 32 gb internal storage and 6 gb ram and 64 gb internal storage . list of leeco smartphones 26 27 28 modell code released screensize cpu ram antutu expandable storage nfc battery headphone port le 1 x600 5.5 mediatek helio x10 2.0 3 gb 58.000 3000 mah 3.5 jack le 1 pro x800 5.5 qualcomm snapdragon 810 4 gb 92.000 3000 mah 3.5 jack le max x900 6.3 qualcomm snapdragon 810 4 gb 82.491 yes 3400 mah 3.5 jack le max pro x910 2016.01 6.33 qualcomm snapdragon 820 4 gb 141.300 3400 mah 3.5 jack le 1s x500 2015.06 5.5 mediatek helio x10 2.2 3 gb 57.239 3000 mah 3.5 jack le 1s x501 2015.06 5.5 mediatek helio x10 2.0 3 gb 55.198 3000 mah 3.5 jack le 2 x520 2016.04 5.5 qualcomm snapdragon 652 3 gb 74.563 3000 mah usb type c cdla le 2 x620 2016.04 5.5 mediatek helio x20 3 gb 84.000 3000 mah usb type c cdla le 2 pro x620 2016.04 5.5 mediatek helio x25 4 gb 99.948 3100 mah usb type c cdla le max 2 x820 2016.04 5.7 qualcomm snapdragon 820 4 6gb 138.000 3100 mah usb type c cdla cool1 2016.09 5.5 qualcomm snapdragon 652 3 gb 77.000 4060 mah 3.5 jack le pro3 x720 2016.09.21 5.5 qualcomm snapdragon 821 4 6gb 163.594 yes 4070mah usb type c cdla letv cloud computing edit letv cloud invented the vaas video as a service model in 2014 and this concept was in relation to iaas paas saas in cloud computing . 29 vaas model is based on cloud computing big data and video technologies . it is founded on internet wide content aggregation combining aggregation distribution and derivative capabilities . letv cloud provides the best of public cloud service with a global multi device and multi layer distribution system . it aims to provide extraordinary video service to users anytime anywhere and without any barriers . letv cloud 30 the cloud computing based video open platform of letv.com and microsoft jointly held a press conference in beijing and announced that the two parties have inked a deal for solution compatibility . with this cooperation letv cloud video related solutions will be compatible with microsoft s public cloud computing platform microsoft azure in the future . letv cloud video solution will be like online software and microsoft azure will be like a hardware platform which allows letv cloud solutions to run on microsoft azure cloud computing platform . letv cloud video open platform has cloud video on demand cloud live and content delivery network solutions and those solutions cover various sectors including broadcasting and tv e commerce education media animation and smart home . driverless car edit letv set up their electric vehicle branch in january 2015 and launched a concept model with faraday future at ces 2016 . it also tried to lure in more talents in the field to develop their own