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Richard Liu Talks About JD at Annual Economic Forum

Richard Liu Qiangdong is one of the entrepreneurs who recently attended the World Economic Forum in 2018. While he was at this forum, Richard Liu talked about the background of his company and what made him start it up. After one of this previous retail businesses closed down, he realized that ecommerce was essential to success. As a result, he looked to start up JD which will offer quality products as well as ecommerce solutions. He also talked about how he plans on getting products to customers in other parts of the world. Richard has mentioned that he is looking to expand shipping routes to the United States and the United Kingdom within the next couple of years. For over two decades, Richard Liu Qiangdong has been active in the business and computing industry.

When he completed his college degree programs, he began to freelance as a computer programmer. Richard Liu would also work for one of the top companies in the technology industry and lead its technology department. With these two experiences, Richard accumulated a lot of expertise in one of the most lucrative industries in the economy. His technological expertise would help him develop ecommerce solutions for his most successful company JD.com. During the past two decades, Richard Liu Qiangdong spent a considerable amount of time as an independent business owner. He got his first experience in entrepreneurship when he founded his own restaurant. As a restaurant owner, he was able to learn about the food service industry as well as make money at the same time.

This experience would give him first hand knowledge on how to manage employees, acquire resources and market a business. However, he closed the restaurant down so that he could pursue career opportunities in computer programming and technology management. Richard Liu Qiangdong eventually left the technology industry to become an entrepreneur again. Liu opened up a retail store that sold vision products to local consumers. However, the store closed down because it was not using ecommerce solutions to allow people to buy products on the internet. This convinced Richard Liu that he needed to develop ecommerce solutions so that he can maintain a profitable company. He would use ecommerce for his latest company JD.com. Liu founded JD and quickly built it into one of China’s most profitable companies.

Source of the article : https://www.credit-suisse.com/microsites/conferences/aic/en/speakers/speakers/richard-liu.html

Bhanu Choudhrie an Investment Strategist and Seasoned Entrepreneur

Bhanu Choudhrie is a prominent strategic investor who has been able to create a successful business right from scratch. Choudhrie was born and raised in Delhi India and later immigrated to the US in search of quality education. He successfully got admitted to the University of Boston where he pursued a course in International Business as well as marketing. Choudhrie after school being an entrepreneur at heart saw lucrative diverse business opportunities in London UK and as a result in 2000 relocated there. In 2002 Choudhrie started C&C Alpha Group a family-owned private equity firm with investments spread in various sectors and different countries. The firm also serves as a holding investment company for a group of seasoned venture capitalists.

Bhanu Choudhrie at C&C Alpha Group serves in the capacity of executive director, and he is the general overseer of the firm’s investments and growth and expansion strategies. C&C Alpha Group investments cut across multiple industries, and they include hospitality, real estate, healthcare, and aviation, among others. The company boasts of high-end restaurants, commercial and residential properties in the UK, UAE, and Asia. Also, the firm has invested heavily in the aviation sector and owns a state of the art aviation training school in the UAE and the Philippines. The firm also has interests in the utility sector and runs Alpha Utilities which is a subsidiary company of C&C Alpha Group. Alpha Utilities has won significant contracts in the UAE for the supply of desalinated water to the undersupplied regions.

Bhanu Choudhrie firm C&C Alpha Group is an award-winning company in the hospitality sector. The Group subsidiary firm Shanti Hospitality runs several awards winning brands such as the Ananda spa resort located in the Himalayan foothills in Northern India and the Nira Hotels and Resorts. The Nira Hotel brand boasts of The Nira Alpina Resort that is regarded as the top hotel in the Swiss Alps. The Nira Alpina is the only ski-in ski-out hotel in the Swiss Alps, and for three years 2013, 2014, 2017 has been awarded the TripAdvisor Certificate of Excellence. Bhanu Choudhrie, besides being an accomplished businessman, is also a philanthropist and a generous donor of charitable causes in the community. Choudhrie is one of the directors of the Path to Success charitable organizations that seeks to educate and help disabled people.

Serge Belamant And His Invaluable Contribution to Blockchain Technology

Serge Belamant And His Invaluable Contribution to Blockchain Technology

There are several people that we often associate when we think of a particular field. For instance, Baby Ruth connotes baseball; Michael Jordan connotes NBA or Chicago Bulls, Steve Jobs for iPhone or Apple, and Bill Gates for IBM. But, in blockchain technology, most of us do not know who to associate it with. Unfortunately, though unknown to many, Serge Belamant is the brain behind the blockchain technologies. In fact, he is the patent holder of the increasingly popular technology. Serge was the driving force in the development of various blockchain applications through the utilization of smart cards. These smartcards have microprocessors that can be accessed both online and offline. Unlike other big names in the tech industry, Serge Belamant is not from MIT or Standford. He was born in France and grew up in South Africa. As a growing kid, Serge is bright and has an outgoing personality. In 1971, he was given the prestigious award, Victor Ludorum. He initially took up Engineering at Witwatersrand University.

However, during his second year in college, he transferred to applied mathematics and computer science. During his third year, he transferred school and took up information systems at the UNISA or university of South Africa. Before he finished his degree, like other big names in the tech industry, Bill Gates and Mark Zuckerberg, he left school. Like any other startup businesses, Serge Belamant had a hard time selling his innovative technology. During those times, blockchain was sluggish in founding its customer base. During his first few years, he spent his time persuading banks to use his UEPS or Universal Electronic Payment System. But, due to the regulations that banks must be observed and because of its nature, selling the products was very challenging.

However, in 1995, Visa hired his firm, Net1 technologies, to develop a new application that utilizes UEPS/FTS technology. Serge went to the US where he was able to gain access to all the things that he needed to finish his project. After trials and tests, he developed the COPAC or what is known as the Chip Offline Pre-Authorized Card. Although he was completing his project with Visa, Serge was able to combine two of his innovative creations. He merged the UEPS and the FTS and created the COPAC, which, up to this day, is still the major security feature of Visa in fighting misuse of credit, fraud, and in verifying personal identification numbers. In 2017, Serge Belamant left Net1 Technologies and co-established Zilch Technologies Limited with his son Phillip. The company specializes in most of his inventions concerning the banking industry. He is very active and hands-on in developing blockchain technology that has advanced the cryptocurrency sector.

David McDonald Brought About Authoritative Leadership

David McDonald has been able to create himself a great name through his understanding and transparency to his client. Workplace dynamics are working towards more truth based direction. He was brought up in Iowa and is the President and the CEO of OSI Group LLC, an international food processing company. McDonald invests, where his heart belongs. In every business, the employees, client, and customers always seek to know what is happening. They also need to be heard and given attention as it creates a feeling of security and ownership. David uses these principals to not only transform his company but many other intertwined lives.

David McDonald is grounded in giving, making him an avid philanthropist to agriculture charities in his native state. He has also managed to use other companies that he has established, such as Orange Bay Foods to extend his positive message. The vast experience in philanthropy in conjunction with persistent and innovation help him in guiding OSI Group LLC in its current high position. The other factor that significantly contributed to the success of David is taking stock and keeping records of all business and family factors. He also acquired Tyson foods for 7.4 million and became an International Director of Global Foods S.A. It’s a fact that David McDonald is honing the new leadership model, which is built-in love. Love in business makes some people feel uncomfortable.

However, treating it as an action rather than a feeling makes it easier for people to understand how McDonald managed to implement a movement that impacted the entire world efficiently. Replace the aspect of power driver leadership with the elements of authoritative leadership leads to transformation starting with self. McDonald abandoned his ego and encouraged communication between his employees, customers, and clients. He allowed his customers to share their concerns freely. It leads to confidence since they are heard, and changes are being implemented to match all their needs. David initiated many changes in the business and designed an original plan for development based on long-standing core human values. Authoritative leadership was brought about and implemented by McDonald and ended with him. Learn More.

JD.com Features Prada Flagship Store At June Anniversary Event

JD.com had quite the anniversary celebration this past June and Prada was invited. The well-known Italian fashion designer opened a brand new flagship store as part of Jingdong’s Anniversary event. The giant e-commerce company has been responsible for introducing hundreds of new products to Chinese consumers. Many of these products have revolved around the world of high fashion. Prada is the latest to join the fold and its expectations are high. Jingdong has partnered with many western fashion companies to introduce their wares on its platform. JD’s unbeatable logistics allowing each company to offer just what Chinese consumers are looking for. JD’s platform is peppered with virtual flagship stores for numerous designers.

Prada has opened its own as part of an effort to expand its virtual footprint. The company has been experiencing double-digit growth since 2018 and wants to capitalize. It will be using JD.com to offer its fall/winter collection as well as open flagship stores for its subsidiaries. By 2020 Prada plans to have flagship stores open for all its sub-brands. It already opened two during JD’s anniversary event: Miu Miu and Car Shoe. JD.com’s anniversary event was a huge spectacle. The company that first dominated the web back in 2004 had a lot to celebrate. It is the foremost e-commerce force for Asia, Europe, and Australia. It has hundreds of partnerships with top-level companies. It is known for its use of advancing technology, as well as next-level business practices. The anniversary event was representative of all that. 90% of JD’s providers released new products with new additions like Prada opening flagship stores.

About JD.com

Richard Liu Qiangdong opened his first retail location in 1998. The store was called Jingdong and sold electric components and optics. Soon the one location had turned into many and Qiangdong had a nice franchise booming. In 2004 the SARS epidemic made Liu Qiangdong look for another way to sell his wares. He opened JD’s first online store that year and the rest is history. JD.com is now the biggest online retail platform in China. Everyone uses it for its logistics and it has become well-know for its practices and use of high-tech.

Read full article : https://www.thestreet.com/investing/earnings/jd-com-smashes-q1-earnings-forecast-renews-platform-agreement-with-tencent-14955783

David McDonalds and OSI Group

The progress of OSI Group in China and Asia is one that still dumbfounds most people. As an American company, the successes in the east is one to model after. Speaking to David McDonald, he confirms it wasn’t an easy transition and they have made steady progress over the past 20 years. To achieve optimum results, the company had to spend time understanding the needs of the people and what partners actually wanted. The patience shown by his company and employees was key to the growth of OSI in the east. To build longstanding business relationships, one has to understand the culture, mannerisms and business techniques.

David McDonald maintains that was the major hurdle they faced at the time. Another one was coping with government rules and regulations. Most times, they have to work hand in hand with the governments to find ways in tackling the problem at hand. Sometimes the government might not even understand what they want. According to David McDonald, this takes time and patience to find amicable resolves to issues. They also tried manufacturing in china, but the regulations and rules they faced was also one to work with. Coping with the politics and other regional issues can come into play, but finding a legal way around is what makes a successful company.

They started this journey by appointing Lavin the chief executive in the 70’s, and that has guided their transition till date. The company has now installed about 3 state of the art plants in Asia, in both China and Japan respectively. Lavin was responsible for opening the group up to different continents, like Asia and Europe. Due to his background in banking, he was the best candidate to lead the firm forward. He did that remarkably, and now the group is reaping the rewards. They have established themselves in the eastern market and have become a force to be reckoned with worldwide. OSI group is now a multibillion dollar company and show no sign of stopping anytime soon.

Read full article : https://www.bloomberg.com/research/stocks/private/person.asp?personId=51539307&privcapId=23182821