Network network listed on the new board LETV into second independent listed subsidiary

Phoenix Technology News September 7th

news network network held in Beijing today on life "and listed music life Upgrade Strategy Conference, officially announced network network listed on the new board, LETV become the second independent subsidiary of the landing of the capital market.


LETV holding vice chairman, CEO Li Rui and Qing guest network network network network landing three new board


Holdings Group founder, chairman and CEO Jia Yueting said, the field of consumer spending will be as a main battlefield, happy life will reinforce LETV ecological life strength, continue to influence and change people’s way of life the Internet Ecological era.

conference, LETV holding vice chairman, network network CEO Li Rui announced the music life strategy: borrow the power of capital, cultivating the wine of life ecology, and break the boundary expansion to the broad field of living, living ecological construction.

it is reported that the network network officially launched in 2013, 3 years, gradually from the Wine vertical expansion to the set of "B2C, B2B, O2O business, mobile Internet and other types of integrated ecological business model. At the end of 2015, nearly 200 million network network for A round of financing, in May 2016, Zheng Xiaolong Dunyong over 70 million personal investment, in August 2016 he won the Ma Su million investment.

network network side said that the capital market docking, will drive capital network network to the rapid expansion of existing business, establish professional wine ecological life. In the upstream, rooted in the core region of the world, build competitive global supply chain quality, continuous introduction of 16 countries worldwide more than 3000 high-quality liquor products; in the capital level, with the intention of buying overseas shares, producing areas in the hinterland of the winery, in order to enhance the global supply chain control ability, at the same time, to acquire a stake in the form of integration of the downstream channel taking.

analysts believe that music has always been to win the strategic layout, as the music is the only consumer gene sub network network ecosystem, in the vertical field successfully, as LETV hatch in the field of living sub ecological foundation.

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