{"id":4381,"date":"2016-11-16T08:12:42","date_gmt":"2016-11-16T08:12:42","guid":{"rendered":"http:\/\/faceinews.com\/?p=4381"},"modified":"2016-11-16T08:12:42","modified_gmt":"2016-11-16T08:12:42","slug":"leeco-chairman-yt-jia-believes-indias-user-value-will-surpass-china","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=4381","title":{"rendered":"LeEco chairman YT Jia believes India\u2019s user value will surpass China"},"content":{"rendered":"<p><strong><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2016\/09\/leeco.jpg\" rel=\"attachment wp-att-3880\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3880 aligncenter\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2016\/09\/leeco.jpg\" alt=\"leeco\" width=\"275\" height=\"183\" \/><\/a>Chennai, November, 2016:<\/strong> Leading global internet conglomerate LeEco reaffirmed the importance the Indian market has to the company amid its recent strategic realignments.\u201cIndia represents the future and its user value may surpass China in a few years,\u201d said YT Jia, co-founder and chairman of LeEco at the company\u2019s investor meeting in Beijing on November 10.<\/p>\n<p>\u201cNo matter how hard it is to crack the India market, we will try our best to grasp the opportunity there,\u201d Jia said. LeEco pioneers in the industry with its unique ecosystem business model that connects products and services including video streaming, TV, smartphone, content production and electric vehicles. It is also keen to expand its ecosystems around the world with presence in Hong Kong, India, Russia and the US, where India is on the priority list of LeEco.<\/p>\n<p>Now LeEco embarks on a new phase of its development, from capital-fuelled expansion to building a stronger hold of existing markets and achieving higher profit, according to a previous letter Jia sent to LeEco employees.<\/p>\n<p>\u201cWe will focus on China, American and India and achieve breakthroughs in these three valuable regional markets,\u201d Jia wrote in the letter. Since its entrance into India in January this year, LeEco has introduced two generations of its Superphone, one generation of SuperTV and entertainment membership services. It has built offices and recruited hundreds of talents in three major cities in India as well as retail networks and a local research centre.<\/p>\n<p>LeEco is committed to the Indian markets and there will be new launches of LeEco products in India in the recent weeks.<\/p>\n<p><strong>About LeEco: <\/strong><\/p>\n<p>LeEco, formerly known as Letv, is a global pioneering internet and technology company with multiple internet ecosystems across content, devices, applications and platforms. Founded in November 2004 by Jia Yueting and Hank Liu Hong, LeEco employs more than 15,000 people and is the world\u2019s first video company to go public with a market capitalization of more than $11 billion USD. Headquartered in Beijing, China and Silicon Valley, U.S., it has regional offices in Hong Kong, India and Russia. With \u201cBreakthrough Technology, Comprehensive Ecosystem, , and Disruptive Pricing\u201d as the guiding principle, LeEco is engaged in a myriad of businesses, spanning from Internet-based Ecotv and Ecophones, video production and distribution, smart devices\/accessories and applications, to e-commerce and even connected super-electric cars.\u00a0 The company also features one of the world&#8217;s largest content libraries, comprising of movies, TV dramas, entertainment shows, sports and music, which can be conveniently viewed on LeEco products, including the Ecophones, Ecotvs, and in the near future, Le Autos. Breaking the boundaries of industries, LeEco provides personalized products and services for an enhanced user experience at disruptive prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chennai, November, 2016: Leading global internet conglomerate LeEco reaffirmed the importance the Indian market has to the company amid its recent strategic realignments.\u201cIndia represents the future and its user value may surpass China in a few years,\u201d said YT Jia, co-founder and chairman of LeEco at the company\u2019s investor meeting in Beijing on November 10. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-4381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/4381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4381"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/4381\/revisions"}],"predecessor-version":[{"id":4382,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/4381\/revisions\/4382"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/media\/3880"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}