The world's largest video cloud ecosystem is emerging. LeEco Cloud has transformed after half a year of financing.

As the fourth LeEco sub-business to complete independent financing after LeEco Pictures, LeEco Mobile Phones, and LeEco Sports, the development of LeEco Cloud has always attracted attention from the outside world. Jia Yueting, the founder of LeEco Holdings Group, also had high hopes for it, saying that the cloud ecosystem is one of the strategic priorities of the LeEco ecosystem in the next three years and is the fourth unicorn incubated by the LeEco ecosystem.

LeEco's emphasis on cloud business has also led to the crazy growth of this unicorn. After completing the A round of financing of 1 billion yuan in March this year, LeEco Cloud completed its transformation in just half a year. Focusing on its original VaaS (video as a service), LeEco Cloud has released 6 major VaaS scenarios and 21 VaaS products, becoming the world's strongest big video cloud ecosystem, bringing end-to-end video ecosystem changes to users, industries and sectors.

LeTV Cloud CEO Wu Yazhou said, "LeTV Cloud has become the founder of the world's first cross-industry, full-terminal video cloud service ecosystem based on vertical integration of the industrial chain and full openness, a 'new species' in the video cloud ecosystem."

LeTV Cloud becomes the world's largest video CDN commercial platform

Jia Yueting once said that LeEco's focus in 2016 is globalization, and cloud business is no exception. From the current perspective, LeEco Cloud's overseas cooperation is mainly based on CDN and channels, and the bridge-building project has begun to show results.

Yang Yongqiang, chairman of LeEco Cloud, said that the number of LeEco Cloud's global CDN nodes has increased from 680 to 750, and the export bandwidth has expanded from 20Tbps to 30Tbps, covering more than 60 countries and regions, becoming the world's largest video CDN commercial platform. In the past year, LeEco Cloud has carried video live broadcast and on-demand services for 80 million TVs and 60 million mobile phones, and provided live broadcast services for nearly 10 million events such as the Spring Festival Gala, the military parade, the Chinese Super League and the Premier League. With an average of 100 million terminal dynamics and 10 million concurrent real-time high-definition services per day, it has served 110,000 corporate customers worldwide and covered billions of users. With cloud-based sharing and open feedback, LeEco Cloud will fully accelerate its globalization strategy.

LeTV Cloud will continue to be committed to opening up and sharing the world's massive infrastructure resources, helping enterprises lower the threshold of infrastructure, improve the quality of network transmission services, and accelerate the transformation of business to cloud and video. Industry monitoring shows that LeTV Cloud's 2% jam ratio remains at the lowest level in the industry, and achieves super delays of less than 3 seconds, zero-second start, ultra-high-quality on-demand acceleration experience, and video fluency of up to 99%. As of now, LeTV Cloud CDN carries tens of millions of live broadcasts around the world every year, with a total of tens of thousands of minutes of live broadcast time per day, providing high-quality CDN services for companies such as Panda TV, Kuaishou, and Wandoujia.

In addition, LeTV Cloud has officially entered the storage service industry and launched cloud storage, providing reliable, secure, high-speed, and elastic global distributed massive storage services, achieving BGP high-speed access, increasing access speed by 20%, and effectively resisting the impact of video data floods.

Launching the "Live Broadcast Alliance" LeEco Cloud empowers the live broadcast ecosystem

2016 was the first year of live streaming, and various live streaming platforms quickly became the focus of the mobile Internet. However, in the era of live streaming where everyone can participate, the live streaming industry is also facing challenges and confusions such as a lack of high-quality content, the need to improve the user experience of live streaming, and a single business model.

In the live broadcast field, basic live broadcast requirements such as "zero accidents", "no lag", "high definition" and "low latency" are testing the live broadcast platforms in real time. High-quality viewing experience has also become an important factor for live broadcast platforms to attract fans.

In response to this, LeTV Cloud has joined forces with many mainstream domestic live streaming platforms including Panda TV, Lehi Live, Octopus TV, Huya TV, Huomao TV, Inke, and Lamama TV to establish the "Live Streaming Ecosystem Alliance". One of the important roles played by LeTV Cloud is to provide technical support for the live streaming platforms.

Through LeTV Cloud's CDN service, users can quickly obtain the content they need, solve the problem of network congestion, and improve the response speed of users visiting websites. LeTV Cloud provides integrated services, high concurrency and stable load, and global cross-regional acceleration services - live broadcast acceleration, on-demand acceleration, and download acceleration, making it the most suitable CDN for video and closest to users.

As one of the technical highlights of LeTV Cloud, LeTV Cloud not only provides standard live broadcast, but also launches mobile live broadcast, VR live broadcast, and satellite live broadcast, making the industry's top live broadcast technology fully open to the outside world, and realizing all-weather, all-terminal, global, real-time, three-dimensional live broadcast without blind spots. In particular, the VR live broadcast released at this conference can provide a consumer-grade VR live broadcast service that integrates front-end acquisition, video stitching, and terminal playback.

LeTV Cloud, which has a strong correlation with live streaming, will further promote the healthy development of the domestic live streaming industry by relying on its years of accumulation in the video field. In the open and closed-loop ecosystem built by LeTV Cloud, it will jointly operate the video live streaming business with alliance partners, create new business models, and achieve win-win industrial value.

Yang Yongqiang said that using cloud services is just the beginning. LeTV Cloud will also empower more LeTV ecological resources to provide more value to corporate customers and users. This is the core difference between LeTV Cloud and other cloud computing companies.

At the capital level, LeEco revealed that after the A round of financing of 1 billion yuan, LeEco Cloud said that its valuation was 7 billion yuan. LeEco Cloud has now started the A+ round of financing and has attracted the attention of many investors. Wu Yazhou said, "Born in the ecosystem, LeEco Cloud is taking a path that has never been taken before. This also means that LeEco Cloud will break through the thorns and run wildly as a new species in the cloud computing industry to create a mobile ecosystem."

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.