Lecoo Technology Company Limited.
On December 18, 2017, Lenovo China invested 50 million Yuan in registered capital to establish Lecoo Technology Co. Ltd.. Lenovo's old friend Zhou, Ming, a pioneer in the business of retail with more than20 years’ experience, a long-time friend of Lenovo, takes the role of the company’s CEO and promotes Lenovo’s strategic development in the field of smart retail.
At present, the smart retail layout structure has been completed. First, for the offline benchmark store, we plan to build models through 20 direct-sale store this year, and copy the excellent experience and achievements, and upgrade 150 4S stores into the smart living system. Second, Smart Retail will establish 5,000 intelligent unmanned vending cabinets; third, it will take three years to deploy 1,000 franchise stores in the national key Shopping Mall.
On January 28, 2018, the first intellectual life store of Lecoo Company was officially opened in Beijing Jinyuan Yansha. Following Jinyuan Yansha, the first smart life store in Southwest China was opened in Yintai Shopping mall in Chengdu on April 29th; and another fist smart life store in South China was opened in Wanxianghui Shopping Mall in Shenzhen on the same day. At the same time, 105 offline stores have officially become the franchise stores of Lecoo. In the second half of this year, Lenovo's smart retail layout will accelerate, and 150 smart lifestyle stores will be opened this year, and Lecoo will accelerate the smart retail layout and open 150 smart lifestyle.
On April 16th 2018，Released "Lecoo" new brand ,focus on SIOT product, Now The ”Lecoo“ product portfolio base on the Lenovo strong product base，extended SIOT by Lecoo，and complete by 3rd party selected product.
In 2018, as a year of rapid development of Lenovo's smart retail, more than 10,000 retail stores started the process of online and offline integration. Lenovo is striving to continue to lead the transformation of the IT retail industry and to be the leader of smart IoT retail by creating this new retail channel model. All of the stores connect with each other and share the future.