Richard Liu Qiangdong – Helping Raise Money for Many Charities

The e-commerce industry is one of the most fiercely competitive and gaining success in this field is not an easy task. However, Richard Liu Qiangdong has been able to prove the critics wrong and achieve phenomenal growth consistently over the years.

The thirst to achieve success has been instilled in Richard Liu Qiangdong from a very young age when he saw his parents work hard to ends meet. He knew that in order to achieve success, one should not compromise on studies and thus, completed his graduation in the field of sociology and went on to complete his masters in the field of business administration as well.

It helped him get the basic knowledge of running a business and how to grow it over a period of time. Richard Liu Qiangdong started restaurant before he entered the retail sector, but unfortunately, it didn’t work and it compelled him to enter a different industry.

He chose the retail sector, considering the growth it witnessed due to the China’s economic boom. He took a four square meter shop on lease at China’s Technology Hub in Beijing and it went on to achieve considerable success in the next few years, resulting in the business growing from one shop to several stores in various parts of the country. Richard Liu Qiangdong switched to e-commerce in the year 2004, forced by the losses his company suffered due to SARS epidemic in the country. It marked the beginning of the success story that we know today as JD.com, which went on to become the first Chinese company to be listed on New York Stock Exchange. It is also the first e-commerce company to be listed in the Fortune 500 Global list.

Richard Liu Qiangdong has also used his JD.com platform to raise money for any different charities. He feels that the platform is the best way to raise money as people are looking to donate for important causes but do not know where to turn to. He has helped many charities by allowing them to use their platform.

About Liu Qiangdong: ir.jd.com/liu-qiangdong-jd-ceo-about

HGGC Prioritizes on Implementing New Talents and Innovations

HGGC has managed to stand out regardless of the stiff competition in the financial industry through Advantaged Investing mechanism. HGGC is based in Palo Alto, California, and has become the leading private equity company with an investment of over 4 billion US Dollars both locally and internationally. The company specializes in investments, growth equity, recapitalization, acquisitions, leveraged buyouts, and structuring across middle markets.

The company started as Huntsman Gay Global Capital in 2007. It has specialized in business services, chemicals investment, industry, healthcare, finances, manufacturing, consumer products, technology, information processes, consumer products, infrastructure, technology, and more. Most of the capital investments are within North America but are also open to international opportunities. HGGC offices are within the United States in Utah, Florida, Massachusetts, and California.

In late 2018, the company’s management announced that they would extend their control and management by incorporating a couple of new hires to their list to cover-up investments, operations, and financial functions throughout the company. The new HGGC hires came from senior and highly honored positions at famous companies. The new hires roster comprises of Christopher Guinn, Colin Phinisey, William Spector, Zachary Adams, Hao Qin, and Malanga.

Christopher Guinn has risen to the new position of Executive Director. He will be responsible for boosting the investment portfolio of the company. Before this, he used to serve in Golden Gate Capital subsidiaries such as Atrium Corporation, Neways International, and Ply Gem Industries.

Colin Phinisey already occupies the position of HGGC’s principal. It’s a critical post since he will be supervising the entire portfolio of the company and pushing its market effort. He has vast experience in matters relating to capital markets. Previously, Colin was working at Deutsche Bank Securities where he served as Director for approximately ten years. Many companies engaging in growing and retaining their top ranking, mostly prioritize in new talent and innovation. The new hires will be vital in helping the company implement successful strategies for investments while enhancing the growth of the company.

https://craft.co/hggc

JD.com creates exclusive Rewards for JD Plus Members

JD.com, the largest retailer in China, recently revealed that subscribers of its premium membership program known as “JD Plus” will enjoy an exclusive deal that will see them get exclusive privileges in over 15000 world- class hotels around the world. This deal will be part of an anniversary sales event dubbed “6.18,” which will happen on June 18, 2019.

Already, members of JD Plus are receiving exclusive discounts, extra loyalty points, lounge privileges, and many other benefits from 19 leading global hotel brands. Some of the chosen hotels include Intercontinental Hotels and Resorts, Wanda Hotels and Resorts and the Ascott Limited.

This is the first time that benefits offered by JD premium membership program will be enjoyed outside China. The recent benefits, where members can redeem their gifts in numerous hotel brands abroad, is an illustration that the JD Plus program has turned into an elite membership program. Right now, members not only get e-commerce related benefits but can also redeem the gifts for different cross-industry lifestyle benefits.

The addition of hotels partnerships comes shortly after JD.com had included another bundle of.key benefits with significant partners such as Sam’s Club. Jingdong has also been consistently growing the range of discounts and offers on wealth management products, health services, travel bookings, healthcare services and more.

According to the head of JD Plus, the new partnerships will cement the position of the membership program as one of the most advanced for the sophisticated Chinese customer. He also says that the expansion of lifestyle-related benefits is also a way of showing appreciation to their most esteemed and loyal customers.

JD Plus members love good services and quality lifestyle which is in line with the standards set by these key partners in the hospitality industry.

JD Plus

JD.com was the first e-commerce company in China to create a paid membership service. JD Plus was established in 2016 and has so far become one of the most popular in the world with over 10 million loyal members. Most members are the young and affluent customers who are ready to pay extra for high-quality services.

According to stats collected by JD.com, over 65 percent of JD Plus membership comprises of people under the age of 35 years.

Jingdong’s: Youtube.

Richard Liu and Improving In Life

Richard Liu is an executive who has been there and has done that.

How?

Well, Richard Liu has strived since 1996 and even before that to build businesses. There were times when Richard Liu was knocked down by life but he didn’t let them that stop him from growing and become the leader that he is today.

As a matter of fact, Richard Liu used these times as a way to grow and to learn, to understand what not to do, and what to do. His interest in emerging technologies and being conscious of customers is what helped him to build Jingdong to be the company that it is today.

He makes certain to stay up beat and positive even if there are macro conditions that would cause others concern.

Richard Liu may advise up and coming leaders to start with solid foundation. Real estate, quite literally, might be a solid foundation.

In real estate there are many different arrangements one can make.

These kind of arrangements were quite difficult to make up until a few years ago. But platforms such as Airbnb have made the process akin to a walk in the park. You could simply take a few pictures of the properly or room you want to rent out, go through the sign up process at the platform, and wait for interested parties to contact you.

From there, it is just a matter of providing suitable accommodations and receiving your rental money as a result. You will just need to ensure that your property is maintained between guests to offer an optimal experience to them, which could be done through usual cleaning and maintenance efforts.

All in all, this provides you with a way to make easy money with minimal efforts, and comes without any over investment.

Richard Liu ‘s: Twitter.