Reaching the age of thirty, my income randomly doubled

Chapter 290 High-End Business War

LeEco has indeed enjoyed boundless glory over the years.Many celebrities in the entertainment industry rushed to buy LeEco stocks, including the actress wife making a comeback, as well as Director Yimou, Hong Lei, Xiaoming, Sun Li, and others.

If all the names from the entertainment industry were listed out, they would fill two to three pages.

And that's just the top-tier celebrities.

Beyond the entertainment circle, various wealthy second-generation youths, including Sicong, were eager to buy shares.

It seemed as though investing in LeEco guaranteed a hundred percent profit.

This indirectly contributed to LeEco's invincible myth in recent years; if you talk about how impressive Jia Yueting's business model is.

There's basically none, just like television.

Not to mention OEM production, which plenty of domestic manufacturers are doing anyway.

Reliance on sacrificing profits or even operating at a loss to increase sales volume, thereby achieving rapid financing.

That's exactly the business model most observers see in LeEco's rapid expansion.

And this model is definitely viable for internet companies, because once they have a user base, they can redefine the game rules and thus achieve rapid profitability.

But applying this model in the tech field, especially for electronic products, is completely misguided.

Without profit as a support, technology companies cannot fund re

whoever dared to step out and smooth things over would have to be careful of the big hat looming over their head.

By that point, he might even report the peacemaker along with the whistleblowers.

For now, he was mobilizing his resources to amplify public opinion.

Jia Yueting was busy finding people and connections, and various news pieces defending LeEco were also popping up instantly.

From this, it was evident that whenever there was a cloud of smoke in the air, it was because someone above wanted you to see it.

They want you to be informed about the news.

Just like the current situation with Tengying Group and LeEco.

One is a quietly rising new force in recent years, the other is a super-giant group hailed as a business myth in the past three years.

When these two are fighting viciously above, the news witnessed by the average person would change dramatically.

Pingsheng wanted to use widespread public opinion to push for an investigation into LeEco's finances, while Jia Yueting sought to directly ban these unfavorable news through connections.

And to quickly disseminate through media coverage the great contributions of LeEco over the years.

No matter what the final outcome is, one thing is certain.

Huang Zhongshi just managed to find a bank president to agree on a mortgaged loan of three billion.

The price was 8% of LeEco's shares.

And the deal was doomed immediately.

LeEco is now deeply mired in a whirlpool caused by Tengying Group, with no one knowing where its stock price will ultimately head.

At such a time, using LeEco's stocks as collateral, anyone daring to lend that money would certainly face significant risk afterward.

The office workers within the system would absolutely take the most stable path unless absolutely necessary.

They wouldn't take huge risks for your company when the situation is unclear.

Huang Zhongshi swore in frustration once more.

And he silently prayed in his heart that LeEco must not run into trouble.

If Jia Yueting encounters even a slight problem again, then who would dare to come to Huayi's rescue?

That bastard Pingsheng, he really isn't leaving even the slightest way out for himself.

He dares to go head-to-head with LeEco.

If he actually manages to take down LeEco, anyone facing Tengying Group in the future,

would first need to give themselves a good shake.

This damn guy is a lunatic; does he not know that behind every hundred billion-level company stands someone?

How many people does he want to offend before he is willing to stop? There's no answer to anything.

In any case, at this time, the would-be white knight Jia Yueting trying to save himself was also caught in the whirlpool.

The high-end battle between the two had begun.

No matter who wins or loses in the end, Pingsheng has made a huge splash in this recent period.

This kind of attention has its advantages and disadvantages for an entrepreneur: it all depends on how he handles himself in the future.

After this period, Tengying Group had also completely emerged as a mega-sized commercial group in plain sight.

It used to have unmatched influence in traditional fields, but now everyone knows about its control over traffic and the media sectors.

And its influence far exceeds anyone's imagination.

If you want to clash head-on with it, you'd better weigh whether you have the kind of hardcore strength that Xu Pidai and Mr. Yan possess.

Otherwise, if you're struck back, you might end up worse off than Huang Zhongshi, who's already in hot water.

Who would laugh at him now? Everyone just marvels at how the previously inconspicuous Tengying Group is so powerful.

It's reached a level well beyond comparison to other typical large groups.