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LeSports (Chinese: 乐视体育; pinyin: lèshì tǐyù) is a company that Le.com owned 10.34% stake. Established in 2014, Letv Sports Culture Develop Ltd. has raised CN¥800 million in tranche A funding, valuing the video-streaming business at CN¥2.8 billion, setting some new records in funding capital and expected market value.
LeSports became title sponsor of the Beijing Wukesong Culture & Sports Center in 2016.
References
- "2015 Annual Report" (PDF). le.com (in Chinese). Shenzhen Stock Exchange. 18 March 2016. Archived from the original (PDF) on 9 November 2016. Retrieved 9 November 2016.
- "LeTV Sports gets EPL rights for Hong Kong". www.chinadaily.com.cn. Retrieved 2015-10-29.
- Jin, Ke (March 17, 2016). "LeEco's sports subsidiary may land USD 1.1B in Series B funding". AllChinaTech.com.