Recently, it was reported that several CEOs including Levin had left the group, including CEO Liang Jun, but at the same time LeTV also found new investors.
Tencent Finance reported today that two of China's leading real estate developers - Evergrande Group and Wanda Group - will join LeTV, which is expected to be formally announced in the near future.
Why do real estate invest in internet? Analysts believe that if Evergrande and Wanda actually invest in LeTV, it is perhaps LeTV’s advantage in the field of cultural and cinema industry, which will accelerate the layout of Evergrande and Wanda in the field of cultural industries.
In July of this year, LeTV's second-largest shareholder, Sunac, spent RMB 29.6 billion to acquire 91% of the 13 Wenzhou City projects. It will also continue to cooperate with seven cultural and tourist cities and cooperate in film and other fields.
Evergrande is also actively laying out the cultural industry. Evergrande Boys won 6 projects in the country at the beginning of the year. “Not only is the world’s largest theme park, but also the world's top classâ€.
At present, LeTV official, Wanda officials have expressed no knowledge of this, Evergrande will not comment.
According to a daily economic news report, relevant people in the Wanda Brand Center said that they were verifying. They did not know that there was such a sudden news. Evergrande stated that it did not participate in investing in LeTV.
LeTV has been suspended for more than six months. If it can decide Wanda, Evergrande, this level of investment, I believe it is time to resume trading.
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