The Digital Source For China's Tech Innovation Since 2000

Search
Close this search box.

Le Sports Appoints CTO While Adding Sports Video Business

February 12, 2016
Business | Internet

Le Sports, the sports business platform of Letv.com, announced that the company has acquired the entire stake in Zhangyu TV, a sports live broadcast platform, for a consideration of CNY300 million.

After the acquisition, founder of Zhangyu TV Zhang Xuan will be appointed chief technology officer of Le Sports, and he will directly report to Le Sports chief executive officer Lei Zhenjian. This is the first time for Le Sports to appoint a CTO.

In the new role, Zhang will be responsible for making a multi-core business development strategy covering Le Sports' content platform, event operations, and smart and Internet services. He will promote a complete innovative chain of technology services, product development and strategic cooperation while leading the establishment of a user-generated content video ecosystem.

On the completion of the acquisition, Zhangyu TV will become a UGC live broadcast platform under Le Sports.

Tags: acquisition | Internet video | investment | Le Sports | Lei Zhenjian | Letv.com | online video | social media | sports | streaming video | UGC | Zhang Xuan | Zhangyu TV

Other Related News:

Is Video of Moscow TV Tower’s Pro-China Message Real? What We Know

August 2, 2022

Hong Kong considers blocking Telegram, according to local paper This step could possibly spark criticisms over curbs internet liberty.

May 20, 2022

Dash for trash fades as earnings cliff looms for ASX shares, with the market shooting first and asking questions later

February 14, 2023

EV: Tesla Goes to Africa to Limit Its dependence to China

January 19, 2022

Autoliv Opens Electronics Plant In China

April 26, 2006

Five GOP senators call for CFIUS investigation into Chinese acquisition of U.S. semiconductor IP company

April 30, 2022

Why Asia's arms race risks spinning out of control

January 15, 2023

Taiwan’s Digital Affairs ministry turns to Web3 to guard against mainland China cyberattacks following Pelosi’s visit

August 11, 2022

Motorola razr 40 ultra, aka motorola razr+, visits TDRA certification ahead of launch

April 8, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter