Le.com was an online video streaming and smart TV company that also expanded into mobile phones, cloud services, and cars. It saw massive declines in revenue of 66% and net profits of 2193%. Although it went public and expanded its business lines over time, the company has fallen apart in recent years despite its ambitions of creating an ecosystem, with increased competition playing a role in its decline.

1. Jiang Chang (cjtalof)

2. What does the company do?
● Online video streaming service
● Smart TV service
● Mobile phone
● Cloud service
● Cars

3. Financial
Revenue drop:
66%
Net profit drop:
2193%

4. History & Business model
2004 2007 2010 2012 2014 2017
Online video
company
Collapse
LeCloud & Video
Games & Cars
LeTV &
LeSports
Went public
Mobile live
stream of New
Year’s Gala

5. ● Ambition
● Ecosystem
Secret Sauce

6. Competition

7. Prediction
Although it’s not officially dead, the company has fallen apart.

8. References
https://en.wikipedia.org/wiki/Le.com
https://baike.baidu.com/item/%E4%B9%90%E8%A7%86
https://xueqiu.com/S/SZ300104
http://www.sohu.com/a/224419723_115565
http://gg.cfi.cn/cbgg/11182/300104.html
http://jingji.cctv.com/2018/02/03/ARTI4jKoXApSr8KxBP4ahlfL180203.shtml
http://jingji.cctv.com/2018/02/03/ARTI4jKoXApSr8KxBP4ahlfL180203.shtml