Richard Liu Qiangdong was involved in starting a restaurant, but the restaurant failed and this would lead to him creating a storefront called Jingdong. Jingdong would sell small computer parts. The name would be changed from Jingdong to JD.com. Richard Liu Qiangdong contributes to the rapid growth of JD.com by having the company offer quality authentic products. JD.com avoided selling any counterfeit products. They were able to add new products to inventory to help growth. He believes JD.com has the logistics to be the best e-commerce retailer in China. JD.com popular products are fashion and consumer products.
JD.com will attempt to deliver products within 6 to 20 hours with time depending on location in China. Richard Liu Qiangdong believes any product ordered before 11 AM in Beijing, China would normally take about 3 hours to deliver to the customers. Richard Liu Qiangdong has a typical day when he gets up at 7:30 in the morning. He would check emails. Richard Liu plans to use different strategies to acquire companies in different areas of the world. JD.com has a large variety of products to offer customers. Richard Liu Qiangdong feels JD.com has a bigger selection of products than the company, Walmart. Richard Liu makes JD.com efficient. He is well-known throughout China, and he is worth $12 billion according to Forbes.
Richard Liu Qiangdong feels the stocks of JD.com is a good buy. He has been able to lead the company to be worth nearly $57 billion. Richard Liu led JD.com to have over 100 million active shoppers. The investment of nearly $300 million in a company called Farfetch would help Richard Liu increase the reach of JD.com in regards to luxury fashion. Richard Liu Qiangdong Has been able to accomplish several goals in his professional career as a leader and CEO with an education he received from Renmin University of China and China Europe International Business School. While at the Renmin University of China, he was able to teach himself how to program computers. Richard Liu continues to drive JD.com to accomplish several business achievements and grow in size that matches a company such as Alibaba.
Bhanu Choudhrie has gained recognition over the years because of the success that he has amassed as an entrepreneur. He hails from Delhi. Before moving to London, he had enrolled at the University of Boston where he got a degree in International Business and Marketing. Over the years, Bhanu Choudhrie has worked in various corporations including the Alpha Group. He was the executive director of the company since 2001. During his tenure, the C&C Alpha Group, Bhanu Choudhrie made sure that the company had diversified its investment portfolio. The firm had established various luxurious hotels in Mauritius and India as well as car homes in the United Kingdom.
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In a recent interview, Choudhrie was able to talk about the investments that the C&C Alpha Group has made over the years. As the interview progressed, Bhanu Choudhrie talked about his role at JP Morgan in 1999. While in the U.S., he served as an intern within the company. Later on, he noticed that London was filled with a lot of potential in terms of investment opportunities.
Since Bhanu Choudhrie was born in India, he was honored with the Asian Entrepreneur of the Year Award in 2008. Over the years, he has also met many people while also focusing on his business endeavors. The C&C Alpha Group is also a family-owned entity. The firm has invested in many areas including hotels, healthcare, and restaurants. According to Choudhrie, the real estate sector is also enticing. While in the hospitality sector, you also get to meet many different people.
While in the United Kingdom, Choudhrie has met many individuals including care assistants and doctors. He has met such individuals in occasions such as the launch of a healthcare center in Bury. The C&C Alpha Group is responsible for the launching of the Moti Mahal Indian Restaurant among others. Some of these restaurants have won many prestigious awards over the years. One of the riskiest ventures that C&C Alpha Group has invested in is the purchase of the Air Deccan airline in India. At the time of the acquisition, the airline only had one plane. Before selling it to Kingfisher in 2008, the airline had grown profoundly.
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Being an expert in real estate investments, Michael Nierenberg was appointed as the CEO of New Residential. Due to the commendable changes he brought in the company. Later in 2016 he was appointed as the chairman. Headquarters based in New York, New Residential company deals with investments in the real estate. Founded in 2011, the company was in the pursuit of gaining capital for its business where it successfully became a public firm.in the USA, the company has traded its finances through the Mortgage Servicing Rights where it has had immense capital. In addition, the company has traded in mortgage backed securities and real estate security among others.
In 2018, the company had a successful year courtesy of Michael Nierenberg where they aimed to achieve more success in the present years. Taking advantage of MSR, they recently gained an offering of over $400 million to put in its investments. Being in the real estate business for a number of year, he worked in various prominent companies. In Lehman Brothers, he worked in the mortgage market where he brought much success in the company. Currently, Michael Nierenberg works as a managing director in the Fortress Investment Group based in the USA. Previously, he still worked as a managing director in the Bank of America Merrill Lynch. In the company, he headed the department of global mortgages and security attached products.
Prior to that, Michael worked on the management committee and also as the same position as in Bank of America at JP. similarly, he had an over 10 years work experience at Bear Sterns where he held various respected positions such as heading in the foreign exchange with a specialty in trading, served in the board of directors among co heading in MBS in the department of structured products. Due to his vast experience and success in many reputable companies within the US, Michael Nierenberg New Residential landed in New Residential where he is currently bringing in so much success. He is an enthusiastic person when it comes to business matter and is able to listen and learn from other people ideas.
JD.com China’s leading online and offline Retail Company has just launched two delivery stations in two cities in China, Changsha and Hohhot cities. The launch of the smart delivery stations at the two cities by JD.com will increase efficiencies in the delivery of products to clients and will completely change the customer shopping experience. The launch of the stations comes days before JD.com makes its first-ever appearance to the world’s largest consumer electronics show event that will this year be held in Las Vegas USA.
The two delivery stations are currently on the preparation stage of delivery stations before they are rolled out. Research and development, testing including training of workers are some of the preparations going on before the project becomes fully operational in the two cities. With the launch of smart delivery robots in the two cities, the customer shopping experience is going to be revolutionized. The robots can carry up to 30 parcels of customer products and deliver them within a range of five kilometers. The technology is aimed at redefining the shopping experience in the densely populated urban centers like the two cities.
Some of the amazing features of the smart delivery technology robots are that they can be able to plan for routes avoid obstacles and they can as well recognize traffic lights. Also, smart delivery technology is quite safe as the vehicles are fitted with facial recognition technology that enhances security when picking products. Customers will fast be required to undergo a facial scan before collecting their parcels. Under normal circumstances when everything is constant, the smart delivery vehicles can deliver up to 2000 packages in a day.
JD.com is a going to make its first appearance in the Consumer Electronic Show an event that celebrates the latest technology, creative thinking, and innovation. JD.com being a global technology company in the e-commerce sector is going to show the world how they are using technology to change customer experience in China where they are headquartered. The firm boasts of having more than 300 million users and is ranked one as a world top internet company by revenue. Some of the latest e-commerce technology JD.com is going to showcase in the event includes the smart delivery technology, the drone technology, world first fully automated fulfillment center and underground urban logistics technology among others.
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