Why did Lvchuang close Harbin Live Broadcasting Company?

Poor management and high competitive pressure.

1. Poor management: As the person in charge of the company, Lv Chuang lost money or found it difficult to maintain his business because of poor management. In this case, closing the company is also a helpless move.

2. Competitive pressure: The fierce competition in the live broadcast industry and high market saturation have led to a decline in the business volume of Harbin Live Broadcasting Company, making it difficult to maintain its operation.