Xunlei

Xunlei Limited
Company typePublic company
IndustryInternet, multimedia
Founded2003; 21 years ago (2003)
FounderSean Shenglong Zou
Headquarters
Shenzhen
,
China
Area served
Worldwide
Number of employees
1513[1] (2014)
Xunlei Limited
Simplified Chinese深圳市迅雷网络技术有限公司
Traditional Chinese深圳市迅雷網絡技術有限公司
Literal meaningShenzhen Xunlei Networking Technologies, Co., Ltd.
Transcriptions
Standard Mandarin
Hanyu PinyinShēnzhènshì Xùnléi Wǎngluòjìshù Yǒuxiàngōngsī
Yue: Cantonese
Jyutpingsam1 zan3 si5 seon3 leoi4 mong5 lok3 gei6 seot6 jau5 haan6 gung1 si1

Xunlei Limited (Chinese: 迅雷; pinyin: Xùnléi; Jyutping: seon3 leoi4; lit. 'thunderbolt') is a Chinese multinational technology company and an online service provider founded in 2003. The subsidiary of Xunlei Limited, Shenzhen Xunlei Networking Technologies, Co., Ltd. (Chinese: 迅雷网络技术有限公司) was formerly known as Sandai Technologies (Shenzhen) Inc. and changed its name to Shenzhen Xunlei Networking Technologies, Co., Ltd. in May 2005.[2] Its headquarters are in Nanshan District, Shenzhen.[3]

In April 2014, Xunlei received an investment from a Chinese electronics company Xiaomi of $200 million.[4] On 24 June 2014, it went public on the Nasdaq Stock Exchange, selling 7.315 million American depositary shares (ADS) at $12 and raising just shy of $88 million.[5] According to the annual ranking of China's top 100 internet companies released by Ministry of Industry and Information Technology of the Chinese government, Xunlei occupied 42nd place in 2017's ranking.[6]

The main products developed by Xunlei Limited is the Xunlei download manager and Peer-to-peer software, supporting HTTP, FTP, eDonkey, and BitTorrent protocols. As of 2010, it was the most commonly used BitTorrent client in the world.[7] In October 2017, the company announced that it will transform itself into a blockchain company, and release a blockchain-based product named OneThing Cloud. OneThing Cloud users get LinkToken (a type of virtual token) for contributing their bandwidth to the Xunlei's content delivery network.[8]

Xunlei Ltd. announced that its board of directors has appointed Lei Chen, who is a former Tencent cloud computing unit leader,[9] as its chief executive officer of the company and director of the board on 29 June 2017. On 12 December 2017,[10] Xunlei announced that the board of directors of the company has elected Mr. Chuan Wang as the chairman of board of directors of the company. Wang has been a director of Xunlei since March 2014. Wang is a co-founder of Xiaomi Inc., where he has served as its vice president since 2012. He is also the founder of Beijing Duokan Technology Co., Ltd., where he has served as its chief executive officer since its inception of business in 2010.

  1. ^ "XUNLEI LTD (XNET) IPO". nasdaq.com.
  2. ^ Company Overview of Shenzhen Xunlei Networking Technologies, Co., Ltd.. Bloomberg L.P.
  3. ^ "Lianxi women" 联系我们 [Contact Us]. Xunlei. Retrieved 13 June 2020. 深圳总部 地址：深圳市南山区粤海街道高新区社区科技南路18号深圳湾科技生态园12栋B座21层至23层
  4. ^ "Xunlei: Chinese File Sharing Platform Struggles with Piracy". Archived from the original on 14 February 2017. Retrieved 25 January 2017.
  5. ^ "Xunlei IPO on Nasdaq raises $88m". Retrieved 24 June 2014.
  6. ^ "2017年中国互联网企业100强发布". Xinhuanet. Archived from the original on 8 January 2018.
  7. ^ Van Der Sar, Ernesto. "Thunder Blasts uTorrent's Market Share Away". TorrentFreak. Archived from the original on 24 August 2011. Retrieved 15 September 2011.
  8. ^ "Xunlei: Blockchain, Cloud, And Live Streaming – Is It Undervalued Or A Value Trap?".
  9. ^ "Lei Chen: Executive Profile & Biography". Bloomberg.
  10. ^ Limited, Xunlei (12 December 2017). "Xunlei Elects New Chairman of the Board of Directors". GlobeNewswire News Room (Press release). Retrieved 12 March 2019. {{cite press release}}: |last= has generic name (help)