LeTV will lose nearly 2.5 billion yuan in 2020, does LeTV still have any hope of coming back to life

I don't think it's possible for LeEco to return to its previous level and scale.

LETV once became a very recognized platform,But later, due to the debt turmoil of LETV founder Jia Yueting, LETV has been in a state of slump since then,At the same time, several other **platforms have also seized the opportunity of LETV to fall into a debt crisis, and several other **platforms have also achieved the transcendence of LETV**platform,At present, the domestic **platform business has been controlled by Tencent、Youku and iQiyi,So it is obviously difficult for LETV to return to its former position。

Because film and television copyrights and variety show copyrights in hand can allow LETV to have a huge amount of traffic import capabilities,Once it gets very strong traffic,Then LETV can get sufficient funds by soliciting advertisers,But from the current point of view,LETV does not have enough funds to win film and television copyrights and variety show copyrights。 <>

Second, the market share of Tencent, Youku and iQiyi is very stable. Tencent、Youku and iQiyi each have unique advantages in the field of ** platform,Although the three platforms also have their own big shortcomings,But with LETV's current ability and level,There is no ability to play against the three ** platforms。

Third, there is no solution to LeEco's debt problem. LETV is a hot potato for any investor,Although LETV has had a glorious moment,But LETV currently does not have enough investment value for any investor。 Because once you take a stake in LeTV, it means that you have to take on a huge amount of debt, and it is obvious that all investors cannot choose to lose money when they do not make money.

LeEco's business model is obviously a very backward development model of the times, coupled with the huge debt of LeEco, such a predicament can not bring LeEco back to life even the most clever investors and entrepreneurs. Therefore, LeEco's future outcome is destined to end in bankruptcy.

LeTV: In 2020, it lost nearly 2.5 billion yuan, and its net assets at the end of the period were - 100 million yuan.

Unlikely, it can only be said that they are not well-known and used to have a certain influence, but now they are basically no one, and it can only be said that the development is still not optimistic.

LeEco will lose nearly 2.5 billion yuan in 2020, and it should be difficult for LeEco to have any hope of resurrection. Because the losses are so serious, it has seriously affected its capital chain.

Yes. Because no one can say bad after the turn of feng shui, LETV is a big brand after all, and it is not so easy to be eliminated, I believe that it will continue to improve technology and restore its former glory.

With a loss of 2.5 billion, where does the money come from? Could it be that Sun Hongbin took out his waist to report the loss?

Overall, LeEco is half-dead under the pressure of debt. Not dead yet. Let's take a look at LeTV's territory to know how much this empire costs?

In July 2017, the 100 million assets of LeTV boss Jia Yueting and his wife and 3 companies of LeTV were frozen by the judiciary last week.

Don't look at it as a "big" loan and bank dispute.

But in fact, everyone understands that this is the inflection point of LeTV. The domino effect is already starting to show.

A thousand miles of embankment, collapsed in an anthill". LeTV's collapse is irretrievable.

Analysis of several reasons: 1. Single financing channels, no Internet companies such as BAT vigorously layout financial business, and insufficient private financing.

2. Its own profit model is single, or even scarce.

Especially after 2014, the ecology of networking has changed, and the harsh winter of capital has come.

3. There are no monopoly projects, and there are not many core technologies

The core problem of profitability is that it must be monopolized.

It's hard to move an inch without technology,As far as mobile phones are concerned,LETV's mobile phones are almost a patchwork thing。

4. Invest everywhere, lay out projects everywhere, and the core point is not strengthened. Especially the most money-burning cars

LeTV's blossoming on all sides is not a powerful performance, but a last resort. It is because LeEco has neither financial support, nor can it be a monopoly, nor does it have a technical core. Especially cars, Musk's Tesla almost died in the financial crisis of 08-09, but fortunately, the United States ** helped.

The bottomless pit of LETV has accelerated the decline of LETV.

Jia Yueting's model has gone bankrupt, and entrepreneurs who are still playing this routine should wake up, and core competitiveness is the driving force to survive.

There are too many businesses, I have been financing, I want to do everything but I can't do it well, the core business was put aside, and I want to grasp the overall situation at once, involving areas that have nothing to do with my core business. If you want to do it, you have to have your own core things to expand, take Xiaomi as an example, the core of starting with a mobile phone is a mobile phone, although it continues to expand its business, but it is also inseparable from his most core thing, mobile phone.

LeEco did not go out of business.

LETV Super TV,It is a smart TV brand under the holding subsidiary of LETV.com, a domestic GEM A-share listed company-Le Rong Zhixin,Carrying LETV's large-screen ecological business。

Lerong has Lerong LETV TVs and commercial smart screens, home IoT Internet of Things devices; In terms of software, Lerong is based on AI big data, and has focus services EUI, artificial intelligence voice, AIoT intelligent Internet of Things platform for users and large-screen operations, and OTT full-path marketing tools for business services.

In the big family of Sunac Culture, Lerong takes the mission of achieving a better family life.

LeTV is on the verge of delisting, does Jia Yueting really suffer heavy losses? Listen to Dr. Wu to analyze

LeTV doesn't have it yet,It's not that he has such a big industry that goes bankrupt,He's just a management problem.,Need to clean up and reorganize,It's just that the results haven't come out yet.,At least the current operation is still normal.,Especially after sales.。

It's not going out of business, it's just that it's losing money now.

First of all, let's first analyze why LeTV's market value is 100 billion to the quagmire of losses? Initially, Jia Yueting earned the first pot of gold for the production and installation of lightning arresters for Unicom's base stations, and founded Beijing Siber Communication Technology, and then gradually gained a foothold with the growth of ambitions and the momentum of continuous smooth breakthrough in the market.

At every stage of the development of the Internet, there is a corresponding dark horse industry. At the beginning of the 21st century,The popularity of the business attracted Jia Yueting's attention,So,He began to develop towards the first business,Founded the LETV network at that time,And he through continuous learning and improvement,Plus vigorously burn money,Recruitment,Promote marketing,Gradually established the status of the domestic ** list17,Successively invested in film、Sports、Finance、Agriculture、Sales and other fields,Singing all the way,Even claimed:LETV will become the only "super company" in the world covering three major functional hardware products

But who would have thought that LETV, which covered all major fields, made a lot of money at the same time, but there was no one field that dominated, resulting in talent, technology, innovation, and monopoly models that were far inferior to competitors, so Jia Yueting's money-burning behavior did not produce a virtuous circle, until 20161month, LETV's stock price fell from 15 yuan to 5 yuan, which can be described as "success and Xiao He, defeat and Xiao He", so far, LETV's peak has come to an end, just like Wen Tianxiang's famous sentence "Hard work has been encountered, and there are few stars around"

The ups and downs of LETV's success and failure will undoubtedly bring deep thinking to entrepreneurs in the current era, and each falling meteor will bring different foreign substances. I think that if an enterprise wants to develop and grow, it is indeed important to understand and be innovative in multiple fields, but the embankment of a thousand miles is destroyed in the anthill, we must move forward steadily, and every step must be taken steadily and right, so as to lay a solid foundation for future development.