The clip shows a number of men involved in the incident in the Harehills area at around 8.50pm yesterday.
Some can be seen brandishing metal poles and cricket bats as local shops and cars were reportedly vandalised.
The video then seems to show a group picking on one man as he drops to the floor and receives several brutal blows
An onlooker can be heard shouting “f*** him up”, as one man seems to become the centre of attention.
“it appears this incident has come about as a result of the business dispute.”
Det Insp Phil Jackson
The footage was later shared on Facebook and has been viewed more than 15,000 times.
Two people were taken to hospital, one with a broken hand and another with a serious cut to the head, following the fight.
It is unclear what sparked the violence, but police believe it was some sort of “business dispute”.
Seven men were later arrested on suspicion of violent disorder.
West Yorkshire police are now appealing for any witnesses to step forward.
Det Insp Phil Jackson said: “Our investigation is at an early stage but it appears this incident has come about as a result of the business dispute.
“Officers were on the scene very quickly and the situation was brought to a safe conclusion. A large crowd had gathered to watch what was happening and we are aware that footage of the incident has been posted to social media.
“The incident has been captured on Leedswatch CCTV and we are going through that footage in detail as part of our enquiries.
“We would also like to hear from anyone who filmed the incident on their phones and has any further footage that could assist the investigation.
“Violent incidents such as this cannot and will not be tolerated and I’m sure the majority of those in the community will support our efforts to identify those involved.
“We are working closely with our colleagues in the local neighbourhood policing team who have increased their patrols of the area to reassure the community following this incident.”
Anyone with information is asked to contact Leeds District CID via 101 quoting crime reference 13180326930 or call the independent charity Crimestoppers anonymously on 0800 555 111.