recently,SimbaRevealed on the air in the Sin Select live streaminglive sellingHe was frank about the fact that the company's profitability was not as impressive as it was perceived to be, and that a year's hard work had ended up being 'a waste of time'. To illustrate this point, Simba also detailed some of Xinxuan's expenses.
He mentioned that the company needs to pay salaries totaling more than 1.1 billion yuan to 4,860 employees each year, while daily expenses such as rent, utilities and other expenses amount to more than 200 million yuan. In addition, in order to cooperate with the platform, Xinxuan also needs to pay more than 2 billion yuan to the platform.
Speaking about his future plans, Simba said he intends to take a break from the live-streaming business and use two years to settle himself down, and plans to delve into AI knowledge in the field.Artificial Intelligenceknowledge in the field. He hopes that through this period of study, he will be able to find a new direction of development and lay a more solid foundation for the future path of entrepreneurship.
Simba admits that the current live streaming industry has left him feeling a lack of excitement, so he is eager to find new challenges and opportunities in new areas.