How Richard Liu Qiangdong Help JD.com Grow

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.

Michael Nierenberg Expertise in the Real Estate Investments

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.