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Is letv in arrears with suppliers?
Last weekend, after Jia Yueting published a thousand-word reflection letter, he threw himself and his LeTV ecology into the whirlpool of public opinion again. Tens of billions of suppliers are in arrears, layoffs are in crisis, and capital circulation means are dangerous. Whether LeTV can sing all the way in the A-share market has now become the most concerned issue for investors and the public. Although for a long time, the crazy expansion of LeTV and the accelerating financing rhythm of its subsidiaries have made the outside world "incomprehensible", they are also questioning the current industry level of LeTV. How can LeTV's mobile phone with a shipment of/kloc-0.7 million and LeTV TV with a loss-making sales support this company to draw such "great achievements" as big data, movies, finance, e-commerce and even automobiles in a few years? From the perspective of LeTV's mobile phone business, 36Kr got news from suppliers, pointing out that the average payment owed by LeTV to each mobile phone supplier was several hundred million, which was overdue for more than two months, and the longest payment was not received for five months.