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Leshi Internet Founder Pledges Stake to Cover Debts

Leshi Internet, 4/27/17

Jia Yueting, the founder of Leshi Internet Information and Technology (300104.SZ), will pledge nearly his entire stake in the Chinese online video content and smart device firm to cover debt obligations, according to Leshi Internet's Q1 2017 financial report announced today. Read More

Rumor: Didi Chuxing Acquires Payment Processing License

Paynews.net, 3/13/17

Xiaoju Kuaizhi Inc ("Didi Chuxing"), operator of Chinese mobile taxi booking and car hire apps Didi Chuxing and Kuaidi Dache, has reportedly fully acquired Beijing-based 19Pay Technology and obtained its payment processing license, according to a source with knowledge of the matter speaking with Chinese news site Paynews.net. Read More

Leshi Internet Shareholder Disposes of RMB 640 Mln in Shares

China Securities Journal, 3/02/17

The Shenzhen Qianhao Free Trade Zone securities sales department of CITIC Securities (600030.SH) has facilitated the sale of 19.095 mln shares in Leshi Internet Information and Technology (300104.SZ) on behalf of one of the Chinese online video content and smart device firm's shareholders, revealed the Shenzhen Stock Exchange. Read More

Online Independent Media Company WeMedia Lists on NEEQ

Tencent Tech, 11/25/16

Beijing-based online independent media company WeMedia New Media Group, recently listed on China's National Equities Exchange and Quotations (NEEQ) OTC-style agency share transfer system, with the security listed as 'WeMedia Interactive' under the ticker 839628. Read More

Leshi Sports Releases Livestreaming Hardware Suite Including UAV

Sina Tech, 11/24/16

Leshi Sports Culture Industry Development, the sports entertainment subsidiary of Chinese online video and internet TV content provider Leshi Internet (300104.SZ), recently launched a live video broadcasting hardware and software product line called Liveman, including M1 and C1 webcams, a Liveman video broadcasting app, an F1 drone designed for aerial videography, and an L1 mobile router. Read More

Leshi Internet Denies Rumor of Bribing CSRC Official over IPO

Leshi Internet, 11/10/16

Chinese online video content and smart device firm Leshi Internet Information and Technology (300104.SZ) recently denied rumors that it bribed Li Liang, formerly a senior official at the China Securities Regulatory Commission, in connection with Leshi Internet's initial public offering (IPO). Read More

LeEco Admits to Facing Organizational and Financial Challenges

Sina Tech, 11/06/16

Jia Yueting, CEO of Leshi Holdings, said that the rapid growth of LeEco, the brand which encompasses Chinese online video content and smart device firm Leshi Internet Information and Technology (300104.SZ) and its affiliates, has led to organizational and financial challenges for the company which will necessitate changes in the company's rate of expansion, but the company overall strategy will remain unchanged. Read More

Update: Leshi Internet, Guoan Soccer Club Halt Cooperation Deal

Tencent Tech, 10/26/16

The Beijing Guoan soccer club has announced an end to its partnership with Chinese online video and internet TV content provider Leshi Internet Information and Technology (300104.SZ). Read More

Leshi Super Electric Car Completes USD 1.08 Bln Series A

Sina Tech, 9/20/16

Beijing-based Leshi Super Electric Car, the electric car subsidiary of Leshi Holdings, has completed USD 1.08 bln in Series A funding, revealed Leshi Holdings CEO Jia Yueting. Read More

Leshi Internet Unveils RMB 15 Bln Strategy for Online Video Site LeTV.com

Tencent Tech, 6/13/16

Chinese online video and internet TV content provider Leshi Internet Information and Technology (300104.SZ) has announced a RMB 15 bln development strategy for its online video site LeTV.com, including investment, finance, film and gaming. Read More