Richard Liu Qiangdong: The Growth Of A Retail Giant

 

The interview with Mr. Rubenstein and Richard Liu Qiangdong provides a lot of insight into the success of JD.com and its previous iteration Jingdong Mall. The video interview is featured on Weforum.org and is a great look at some of the work that Richard Liu has been doing with the company since it was first founded in 2004. Richard Liu is a savvy businessman but he was not always considered to be so. In fact, as a student, he failed to help a restaurant succeed. The reason for this was that he did not put in enough time with the restaurant. He tells his interview that he only had two hours a week to truly dedicate to that restaurant. It was a disaster, but he learned from it.

 

In 1998 he went on to found Jingdong Mall. Mr. Rubenstein asks him how he came up with the name Jingdong Mall. To this question, Richard Liu laughs and explains that it is part of a mashup for an old girlfriend. He eyes his current wife and laughs, exclaiming that he wishes she wasn’t here for that. Regardless of how I got started, Jingdong Mall was successful in its own right. It had expanded to 12 different locations. The reason that Richard Liu started to consider an online presence is that of the 2003 SARS epidemic. It was a time of uncertainty and Richard Liu wanted to protect his staff members. An online presence seems to be the answer.

 

JD.com immediately began to garner a loyal customer base. The reason for this was because they did not offer cheap, counterfeit products like their competitors. Richard Liu Quiangdong tells Mr. Rubenstein that he immediately noticed this trend in the online community. It was foreign to him and contained no sense of honor. He wanted JD.com to represent a new wave in retail management. This is one of the reasons why his customers have remained so loyal to the website. From the very beginning, they have proven that they are vested in their interests as well. The company has done so well in the Chinese market that Richard Liu even tells Mr. Rubenstein that they are looking into global expansion. Read This Article for more information.

 

View source: https://www.wealthx.com/dossier/qiangdong-liu/

Vinod Gupta’s Secret To Success Shared With Others

 

Vinod Gupta did not start life on American soil. He was born in a small village in India on July 4th. His village did not have any amenities we would consider modern. No running water, television, cars, electricity, or roads. That did not stop Mr. Vinod Gupta from accomplishing his goal of a higher education and fulfilling his American Dream.

 

After finishing school in his village, Vinod Gupta went to IIT Kharagpur where he majored in agricultural engineering. While earning his degree, Vinod met Professor Bill Splinter who was visiting from the University of Nebraska Lincoln. Dr. Splinter urged Mr. Gupta to take his education further. With encouragement from his family, Vinod made his permanent home in Nebraska. He has graduated from the University of Nebraska Lincoln with a degree in Engineering and his Master’s degree in Business Administration. See This Page to learn more about Vinod Gupta.

 

Mr. Vinod Gupta stumbled upon an idea for his business while working for Commodore Corporation as a Research Market Analyst. Vinod was asked to study the performance of rival companies. Mr. Gupta’s response to this was to compile a comprehensive list that could be used as a quick reference guide. Since Vinod compiled this list in his free time, he owned the material and was able to offer it not only to his employer, but to the company’s competitors as well.

 

Thus his company, Business Research Services & American Business Lists (ABI) was born. Vinod’s company offers comprehensive lists and statistics of all company’s in a specific business. For example: If a auto dealer wanted a list of his competition and their statistics, he could purchase that list from ABI.

 

Mr. Gupta is proud of the business he has built, but has stated that he would not be so successful if it wasn’t for his education. Mr. Gupta has given back to the next generation of students in India by starting the Vinod Gupta School of Management for any student wishing to further their education.

 

More about Gupta on https://medium.com/@vinodgupta1

 

 

GREGORY AZIZ ACHIEVEMENTS AT NATIONAL STEEL CAR

Gregory James Aziz was born on 30th April 1949 in London Ontario. He is the current President, chair and CEO of National Steel Car based in Hamilton, Ontario. Greg Aziz attended Ridley College; he holds a degree in economics from the West University. National Steel Car is one of the global leaders in freight, railroad and car manufacturing and engineering company.

 

In 1971, Gregory James Aziz joined his family’s food business-Affiliated Foods. The company, in over 16 years expanded to become an international exporter of fresh foods from South and Central America and Europe distributing fresh foods in wholesale markets in Eastern Canada and across the United States.

Greg J Aziz served at several banking investment companies in New York between late 1980s and early 1990s. In 1994, James Aziz was able to purchase National Steel Car from Dofasco. He helped uplift the company from a Canadian company to be among the top engineering firms in North America. The company’s expansion has resulted from their robust engineering capabilities, considerable capital and human capabilities, and team building. Currently, it produces 12,000 cars from 3500 it was manufacturing at the purchase period. Employees have increased from 600 to over 3000.

 

Greg James Aziz’s relentless pursuit of manufacturing and engineering has paid off as National Steel Car continues to lead in the new car innovation industry. The company services include freight car parts, components, and after-market sales such as brake piping, fulcrum brackets, handholds, ladder rounds, trucks and wheelsets, and body bolsters. They have increased their production of new car freight railroad over the years. It is the only manufacturing, engineering and railroad-freight car firm with ISO 9001:2008 certification. It has held that honor for 18 years after getting numerous recertification rounds. From 1996, it has been persistently honored with the TTX SECO an award that recognizes the highest quality. Click Here for more information.

 

Greg J Aziz and National Steel Car are committed to giving back to the Hamilton community. Their most significant contribution is the provision of thousands of well-paying jobs to the Ontario residents helping them raise their families. They sponsor many local charities such as the Salvation Army, the Hamilton Opera, Theatre Aquarius, and the United Way. They host Christmas Party every year for their current and past employees and their children and are part of the firm’s key food drive for resident food banks. Together with his wife, they sponsor the Royal Agricultural Winter Fair; it is one of the most popular agricultural fair in Canada.

 

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