LeTV is a professional video sharing website and online video portal based in China.
Over the years, LeTV has managed to complete the vertical integration over the industry value chain by constantly developing innovations in technology, content, service, and product. Its major products include LeTV, LeTV UI, and LeTV Store, and it has two business lines: online video and intelligent terminal. The former refers to long-form video based on the combination of HULU and Netflix, while the latter is focused on intelligent terminals like super TV as well as the third-party development platform LeTV Store and the operation system LeTV UI.
LeTV was established in 2004 and went public on the Shenzhen Stock Exchange in 2010. In August 2008, LeTV received funding from Shenzhen Capital Group, Cowin Capital, and Huijin Lifang Capital. Its major competitors are PPTV and CNTV.
Funding Rounds (2) - $50MUpdate
C/8 Oriental Media Center