Le video network said registered letvbank.cn domain name, temporarily did not enter the banking plan

Abstract: For the music network registration letvbank.cn domain name, ready to enter the banking industry, yesterday, the Music Vision Network Dong reply Beijing News reporter said, did register this domain name, but temporarily did not enter the banking plan. Yesterday, Lok saw shares rose more than 7%.

For the music network registered letvbank.cn domain name, ready to enter the banking industry, yesterday, the Music Vision Network Dong Reply to Beijing News Reporter said, did register this domain name, but temporarily did not enter the banking plan. Yesterday, Lok saw shares rose more than 7%.

We have registered the relevant major domain names

Yesterday, the news said, Le Vision Network in October 8 registered letvbank.cn domain name registration, registered person for the Music Network (Beijing) Information Technology Co., Ltd. In view of the favorable policy, the music network or will enter private banking.

Le Vision net Dong Queen-size to Beijing News reporter said, the music video network did register a domain name, but temporarily did not enter the banking plan. Registered domain name is mainly because recently found a group of people to register the music of the relevant domain name, such as www.letvhd.com, and then cheat traffic or higher prices to the domain name sold to the music, so, the relevant major domain names are registered.

Yesterday, Le saw the share price to collect 40.72 yuan, the rise amounted to 7.44%.

Net profit rose 37% in the first three quarters

28th, le Video Network also announced the third quarter of 2013 earnings. Earnings showed a net profit of 67.61 million yuan in the third quarter, an increase of 55.72% over a year earlier. In the first three quarters, the total revenue of the video network 1.365 billion yuan, the year-on-year increase of 65%, net profit of 184 million yuan, an increase of 37%.

According to earnings, the big increase in the business receipts is mainly due to the rapid growth of advertising business, the first three quarterly video advertising business to achieve revenue 540 million yuan, the year-on-year increase of more than 106%.

At the same time, the network also disclosed the risk of future exposure, including the increased risk of industry competition, the increase in the content reserve competition, user access to compete for competition, technology innovation or product update risk, network-made content compliance risk and asset reorganization-related risks. The related risk of asset reorganization mainly refers to the valuation risk and merger risk of flower and film.