About LeSports
LeSports was a Media & Entertainment company based in Beijing (China) founded in 2014. It operates an online platform for streaming sports videos to global audiences. It operates on a B2C model. LeSports has raised $1.33 billion across 3 funding rounds from investors including HNA Group, Wanda Group and Sun Honglei. The company has 39 employees. LeSports has completed 2 acquisitions, including Octopus TV and Sodasoccer. LeSports was last valued at $3.3 billion in March 2016. The company is recorded as dissolved. Its focus areas include Media and Entertainment, Digital Media, Sports Streaming and Online Video Services.
Company details
LeSports, backed by 1330888000.0 from HNA Group, Sun Honglei, Jia Nailiang, Liu Tao, Yunfeng Capital, Wanda Group, Orient Kings Investment Holdings, Prometheus Capital, focuses on media and entertainment, handling digital media, sports streaming, and online video services. Operates an online platform for streaming sports videos to global audiences. Driving innovation, growth, and excellence in its industry sectors.
- Headquarters Beijing, China
- Employees 39
- Stage Unicorn
- SectorsMedia & Entertainment
- Website lesports.com
- Social LinkedIn X Facebook
- Total Equity Funding$1.33B (USD)
in 3 rounds
- InvestorsHNA Group
& 7 more
- Employee Count39
- Investments & AcquisitionsOctopus TV
& 1 more
Funding Insights of LeSports
LeSports has successfully raised a total of $1.33B across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.33B
- Total Rounds 3
- First Round $130.89M
(May 2015)
- Investors Count 8
All 3 funding rounds of LeSports with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2017 | Series B | β | β | β | |
| Mar 2016 | $1.2B | Series B | $3.3B | β | |
| May 2015 | $130.89M | Series A | β | Yunfeng Capital, Wanda Group |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2016 | $3.3B | β’β’β’β’β’β’β’β’ |
Last known valuation $3.3B (Mar 2016). 8 investors in total: 5 institutional and 3 angel.
Investors in LeSports
LeSports has secured backing from 8 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include HNA Group, Wanda Group and Sun Honglei.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are managed by Yunfeng Capital in China. | yfc.cn | Shanghai, China | ||
| orica.com.cn | ||||
| procapfund.com | ||||
Investments are held and airports are operated across multiple sectors. | 1993 | hnagroup.com | Beijing, China | |
Commercial hotels, resorts, and apartments are managed and developed. | 1988 | wanda-group.com | Beijing, China | |
SH Sun Honglei | unknown_060d7e8a44534104b | |||
JN Jia Nailiang | unknown_8df3cb0d8655469b9 | |||
LT Liu Tao | unknown_a300e030960b482b9 |
Investor details for LeSports
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by LeSports
LeSports has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Octopus TV and Sodasoccer.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
User-generated sporting events are broadcast via cloud-based P2P platform. | zhangyu.tv | Qingdao, China | 2013 | Jan 2016 | $46M | |
Online media portal for football | sodasoccer.com | Beijing, China | 2004 | Jan 2016 | $6.08M |
Complete acquisition details for LeSports
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of LeSports
6 dated milestones of LeSports across 3 years, from founding to its latest funding, stage changes and deals.
- Founded LeSports is founded.
- Funding First funding round of $130.9M.
- Acquisition Acquires Sodasoccer.
- Acquisition Acquires Octopus TV.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series B,.
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Related news about Lesports
Complete news archive for LeSports
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Frequently Asked Questions about LeSports
LeSports was founded in 2014 and raised its 1st funding round 1 year after it was founded.
LeSports is headquartered in Beijing, China. It is registered at Beijing, Beijing, China.
LeSports is a funded company, having raised a total of $1.33B across 3 funding rounds to date. The company's 1st funding round was a Series A of $130.89M, raised on May 2015.
LeSports has 39 employees.
LeSports, backed by 1330888000.0 from HNA Group, Sun Honglei, Jia Nailiang, Liu Tao, Yunfeng Capital, Wanda Group, Orient Kings Investment Holdings, Prometheus Capital, focuses on media and entertainment, handling digital media, sports streaming, and online video services. Operates an online platform for streaming sports videos to global audiences. Driving innovation, growth, and excellence in its industry sectors.
LeSports has made 2 acquisitions, including Octopus TV, and Sodasoccer.
LeSports has 8 investors. Key investors include HNA Group, Wanda Group, Sun Honglei, Jia Nailiang, and Liu Tao.
The valuation of LeSports is $3.3B as of Mar 2016.