In last three Flash sales the company had sold total of 2.20 lakhs LeEco Le 1s Smartphone. The company had also launched Le Max, and this phone is not have any flash sale as this is a high end premium phone which is priced above 30K.
The Company had not yet announced the details of on what the Rs.8 crore worth of benefits to the users.
This is a one day offer, and we are not sure if the Le 1s will continue selling via flash sale after Feb 25th open sale. As per the announcement by the company the Company was making loss on selling this LeEco Le 1s Smartphone. Actual manufacturing cost of the LeEco Le 1s is above Rs.15,000/- and the phone is sold at a subsidized price of Rs.10,999/-
When Xiaomi launched Mi3 in India, this was the same case. Xiaomi also was selling the Mi3 at a subsidized price of Rs.13,999/-. After few flash sale company stopped Mi3 sale in India.
So this may be your last chance to grab your LeEco Le 1s Smartphone.
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