recently,SimbaRevealed on the air in the Sin Selectlive streaming with goodsHe 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 Simchat's expenses.
He mentioned that the company needs to pay salaries totaling more than $1.1 billion to 4,860 employees each year, while daily expenses such as rent, utilities and other expenses amount to more than $200 million. In addition, in order to cooperate with the platform, Xinxuan also needs to pay more than 2 billion dollars to the platform.
Speaking about his future plans, Simba said he intends to take a break from the live-streaming business and take two years to settle down, and plans to delve into theAIknowledge 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 bandwagon industry has left him feeling a lack of excitement, so he is eager to find new challenges and opportunities in new areas.