The Successful career of Richard Liu Qiangdong in the e-commerce Business

Richard Liu Qiangdong is the owner and the creator of JD.com, a top e-commerce business in China. Liu serves as the CEO of the company since he founded the company in 2004. He has more than 15 years’ e-commerce business experience. In 2007, Richard Liu Qiangdong realized that the e-commerce business would do better with the services of the logistics companies that deliver goods to every corner of the country. Being a smart businessman, Liu started his logistics company that will deliver the goods throughout the country without damaging them. The company had more than 3,210 pickups that delivered goods to the 1862 counties in China by December 2014.

In 1996, Richard Liu earned a degree in Sociology from Renmin University. While studying in the university, he was focused on computer programming where he did freelance work to improve his skills and provide for his upkeep.

From an interview he had in Dallas during the Annual Economic Forum, Richard Liu Qiangdong stated that he started his offline shop business selling magneto-optical products in China and the business had twelve centers in operation by 2003. But in the same year, SARS breakout stopped his workers from operating the businesses, so he was forced to focus on online business that he thinks is effective and easy to run. He then founded JD.com, named it from the characters of his name and his ex-girlfriends name. The company was doing well, and he decided to shut down all the sores by 2005 completely.

In the JD.com there are 500 logistic centers and the company offers correct information with regards to goods delivery time. There is a 3-3-1 delivery system in Beijing that ensures when a person orders goods in Beijing before eleven Oclock, they are delivered before five o’clock, and if orders placed before five o’clock they will be delivered before ten o’clock, and the goods ordered before ten O’clock will be delivered early in the following morning. Richard Liu Qiangdong stated that JD.com has a wide range of products that one can choose from unlike selecting them in a physical store which may have limited products. The company focuses on the cost and efficiency of delivery of their products and have plans of increasing their products to ten million.

Visit his LinkedIn:  https://cn.linkedin.com/in/richard-liu-45113b47

Review of Newswatch TV host Andrew Tropeano interview.

Newswatch TV is a nationwide program that is broadcast on the majority of networks in the country. It has been airing for almost three decades and covers breaking news in all sectors. It is also a favorite among celebrities for voicing their support of certain causes.

One of the top hosts of the program is Andrew Tropeano. After completing a Master’s Degree in journalism, he was looking to move his journalism career forward. He joined Newswatch TV in 2010 and worked his way up to Executive Producer, along with being one of the main hosts. He comes from a background in journalism and spent much of his childhood watching his father grow his career by working for major networks such as CNN and the Washington Post.

Along with passion for journalism he also enjoys time outdoors and plays competitive soccer. He eventually sees himself expanding the Newswatch TV outlet to include multiple channels, and expand the online growth to ensure more viewers. Keeping customers informed is a top priority of his and he hopes to accomplish this by keeping Newswatch TV’s exceptional ratings.

Newswatch TV is a top competitor with other news networks by covering a variety of important issues and breaking technology, entertainment, and medical news. Although it’s primary focus at it’s inception was financial news it has quickly become a go-to news source and respectively airs on AMC Network and all Ion affiliates. It has won many awards for its nationwide program, and has also teamed with Fortune 500 companies to offer product reviews. Segments vary from self-contained reports to real-time interviews with celebrities and nationally recognized businesses and brands.

GreenSky : Integrating Finance and Technology

GreenSky  is a financial technology company that was founded more than a decade ago in Atlanta, Georgia. David Zelik is the Chie Executive Officer and co-founder.

The company collaborates with financial institutions such as banks and merchants to offer loans to consumers for specific purposes such as healthcare, solar, home improvement among other needs. It has so far partnered with several financial institutions and continues to attract more.

GreenSky funds its programs mainly through federal insurance and state-chartered financial institutions. The company lent approximately $5 billion to various institutions between 2012 and 2016 and that figure has continued to rise.

Why GreenSky has remained low key

One of the reasons as to why GreenSky  is not popular in the fintech industry is because it doesn’t make loans from its own capital as is the case with other competitors.

The company instead partners with banks across the country to reach its goals.

Currently, GreenSky is in Partnership with more than 14 banks including Sun Trust Banks according to Wikipedia.

GreenSky ’s business model

According to its CEO David Zelik, GreenSky  should be viewed as a bank competitor. He says that the purpose of the company is not to lend money. “We are a technology company and our main purpose is to integrate technology with financial solutions by partnering with banks and other financial institutions,” said Zelik.

Capitalization and Valuation

In late 2016, GreenSky  raised capital worth $50 million. It then launched a $2 billion lending fund in cooperation with Fifth Third Bancorp in Ohio. Its valuation at that time stood at $3.6billion, two times more in the previous two years.

The company’s valuation in 2016 made it one of the few highly valued financial technology startups in the country according to the Wall Street Journal. Other major investors at GreenSky  include Wellington Management, Iconiq Capital, QED Investors, DST Global, and TPG.

Company Structure

David Zalik has been the CEO of the company since 2006 and is also the co-founder. Gerry Benjamin is the Vice Chairman while Tim Kaliban is the President and head of Risks.

https://www.nasdaq.com/markets/ipos/company/greensky-inc-1052127-86689?tab=financials

Stream Cares Formalize The Stream Energy Philanthropic Activities

Founded in 2005, stream energy, as a young direct selling company can overcome the full nature of energy marketplace to emerge as one of the largest direct selling energy companies. The company has not only scored big in the business world, but it has taught the culture of giving back to the society to the entire employee fraternity. The recent formalization through the stream cares foundation is part of efforts to take the philanthropist activities a notch higher.

 

Stream energy featured in helping the most affected victims during the Hurricane Harvey, collaborating with Hope Supply Co, to rebuild homes. Also, the customers who were directly affected by the hurricane Harvey were given financial support to cope up with the financial burden occasioned by the effects of the disaster. Since then,the firm for the last four years has been providing solutions to homeless children.

In conjunction with hope, over 1000 homeless children from Texas, and Dallas were taken to a hotel in Texas, had their entrance fees and lunch paid for the holiday of December. During the event, the children were taken to a local water park, to enjoy a fun day. The package included essential supplies, and money.

 

In December, stream provided Dallas Era Veterans together with their loved ones with moral and financial support. In this event, operation once in a lifetime, stream gave transport to less fortunate military veterans to enjoy December lunch with their families at Texas hotel. It was a fantastic opportunity to make less fortunate servant feel appreciated.

 

 

Stream Energy is a long-time partner of Red Cross America which provides disaster relief, emergency assistance, and education. Habitat for humanity is another philanthropic work for Stream Energy, whereby, it builds new homes as well as repairing existing ones for families.

 

With now coming of stream cares, then, the philanthropic work of stream energy is business of all employees and a calling to their esteemed customers.

 

https://www.dailyforexreport.com/david-faranetta-new-cfo-for-stream-energy/