What means let in lamda expression for livedata observable?

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Android Central Question

I was wondering I someone can explane me the function let in a lamda expression with livedata, is this just to print the lamda expression? Some people use it to get no null pointer exceptions anymore .. {value-> value?.let{do something with 'it'}}
 
If this is developer stuff, you'd better say, so that I can move it to our Developers forums. Whatever it is, it sounds too technical for the AAQ forum.
 
I just went ahead and moved it to the Software Development forum.