LeSports

Beijing, China Founded: 2014 • Age: 12 yrs
Operates an online platform for streaming sports videos to global audiences.
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About LeSports

LeSports is a company based in Beijing (China) founded in 2014. It operates as a B2C. LeSports has raised $1.33 billion across 3 funding rounds from investors including HNA Group, Wanda Group and Sun Honglei. LeSports has completed 2 acquisitions, including Octopus TV and Sodasoccer. LeSports operates in a competitive market with competitors including FuboTV, FloSports, Fox Sports, Whistle Sports and DAZN, among others.

  • Headquarter Beijing, China
  • Stage Unicorn
  • Sectors
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Media & Entertainment → Film, Television & Streaming
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.33 B (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    HNA Group

    & 7 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Octopus TV

    & 1 more

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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
  • Total Rounds 3
  • Last Round
  • First Round

    (13 May 2015)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2017 Amount Series B - LeSports Valuation

investors

Mar, 2016 Amount Series B - LeSports Valuation

investors

May, 2015 Amount Series A - LeSports Valuation Yunfeng Capital , Wanda Group
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity investments are managed by Yunfeng Capital in China.
Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by LeSports

LeSports has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Octopus TV and Sodasoccer. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
User-generated sporting events are broadcast via cloud-based P2P platform.
2013
Online media portal for football
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - LeSports

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lesports Comparisons

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Competitors of LeSports

LeSports operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FuboTV, FloSports, Fox Sports, Whistle Sports and DAZN, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Subscription-based platform for streaming soccer content is offered.
domain founded_year HQ Location
Live and on-demand sports coverage and analysis are provided.
domain founded_year HQ Location
Sports news, live scores, statistics, and fantasy content are delivered.
domain founded_year HQ Location
Sports videos are produced and distributed via social media channels.
domain founded_year HQ Location
A live-streaming platform for sports is provided via subscription.
domain founded_year HQ Location
A live-streaming platform for sports is provided via subscription.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lesports

Frequently Asked Questions about LeSports

When was LeSports founded?

LeSports was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is LeSports located?

LeSports is headquartered in Beijing, China.

Is LeSports a funded company?

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 13, 2015.

What does LeSports do?

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.

Who are the top competitors of LeSports?

LeSports's top competitors include FuboTV, FloSports and DAZN.

How many acquisitions has LeSports made?

LeSports has made 2 acquisitions, including Octopus TV, and Sodasoccer.

Who are LeSports's investors?

LeSports has 8 investors. Key investors include HNA Group, Wanda Group, Sun Honglei, Jia Nailiang, and Liu Tao.

What is LeSports's valuation?

The valuation of LeSports is $3.3B as of Mar 2016.

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