Sun, Dec 4, 2016 | updated 05:44 PM IST

LeEco clocks Rs 350 crore revenue during October festive sales in year 1 of India operations

Updated: Nov 04, 2016 18:33 IST

New Delhi/Bangalore [India], Nov.4 (ANI): Global and internet technology conglomerate, LeEco has witnessed unprecedented success in India and it continues to charter new heights.

In its first ever Diwali sales organized in the month of October, LeEco managed to clock revenues to the tunes of Rs 350 crores.

It has been only 10 months since LeEco started operations in India and managing these sales numbers in its first year in India is a record in its own.

The company managed to reach this figure backed by the strong demand for its Superphones and Super TVs. During the month of October, LeEco has sold an astounding number of 300,000 Superphones and 3500 Super TVs.

In the festive month of October, LeEco had participated in the online sales organised by LeMall, Amazon India, Flipkart and Snapdeal and also introduced a new experiential price of Rs 17,999 for their flagship Superphone - Le Max2. In addition to this, LeEco had extended some exiting offers and finance schemes on its entire range to assist consumers in picking up the next generation Superproducts at the best possible price.

Commenting on the remarkable achievement, Atul Jain, COO, Smart Electronics Business, LeEco India said, "We are extremely humbled with the unparalleled growth and momentum that we have seen in the Indian market. It makes us proud that in less than 1 year of our India operations, we've sold as astounding number of Superphones and SuperTVs in just 1 month. During the festive season it was our endeavor to offer a great value proposition to our customers which will enable them in experiencing our products and we are truly humbled by the response that we have received".

One of the major reason for the exceptional response received by the company is that it offers best in-class technology at disruptive price points. In addition, to this all LeEco Superproducts come with LeEco Supertainment Membership that consists of some of the biggest names in the entertainment like Eros Now, YuppTV and Hungama in India. Through LeEco's Membership program, users can get access to a collection of 2000+ movies, inclusive of premieres from Hollywood & Bollywood. LeEco membership program also provides 3000+ hours of curated shows, 100+ Live TV channels and 3.5 million songs of users' choices. LeEco takes the lead in offering 1.9 million songs with lossless audio, bringing the users' audio experience to a brand new height. (ANI)