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CEO/Business Leader/E-Commerce/JD.com/Blockchain Technology/Jingdong

A Comprehensive Biography Of Richard Liu Qiangdong The Cornerstone Of Internet Entrepreneurship

Posted by eastcoop on

Richard Liu Qiangdong was born in 1973 in Suqian, China. He is an experienced internet entrepreneur and the initiator and Chief executive officer of Jingdong Mall. This mall, also known as JD.com is among the largest e-commerce company in China.

 

Richard Liu had an interest in politics when he was young and worked hard to become one after growing up. However, he had other interests as he was growing up, and gave up on political affairs. He is currently the Chinese billionaire and a prominent entrepreneur.

 

Education background

 

Richard Liu Qiangdong had interest in politics as said earlier. For this reason, he decided to join a prominent university which had significant relations with political gurus in China. Therefore, Richard Liu joined the Renmin University of China due to its various political endeavors.

 

In 1996, Richard Liu graduated with a degree in sociology from this University. Nevertheless, his political ambitions didn’t last long. Richard Qiangdong had a feeling that he would not get a first-class job with a degree in sociology. He, therefore, decided to take computer programming classes during his leisure time.

 

Richard Liu Qiangdong completed his programming course and graduated with EMBA from China Europe International Business School. Refer to This Article for more information.

 

Work experience

 

Immediately after graduating from China Europe International Business School, Richard Liu Qiangdong was lucky enough to get his first job. He worked as a computers director and director for business in Japan Life Company for two years. This enterprise was dealing with health products.

 

Richard Liu decided to establish his own business with the savings skills and that he had acquired. He, therefore, started a shop called Jingdong in Beijing. The shop was dealing with magneto-optical products.

 

Due to his entrepreneurship ambitions, Richard Liu kept on expanding the business in different areas, and by 2003, he had 12 more stores in China. Richard Liu founded the JD.com Mall in 2004, where he was selling electronics and various consumer products. He is currently the CEO of JD.com which is worth $57.6 billion, and among the largest e-commerce enterprise in China.

 

Richard Liu has achieved so much as an e-commerce entrepreneur. In all his occupations, for instance, working in Japan life, Liu Qiangdong successfully served as computer director. Currently, his Jingdong Mall is outsmarting other e-commerce platforms in China.

 

More on: https://www.wsj.com/articles/chinese-retailer-jd-com-turning-its-logistics-network-into-broader-delivery-service-1539833400

Company/Food Solutions/Business Growth

Why Is OSI Group Expanding Its Operation In Europe?

Posted by eastcoop on

OSI Group has its eye set on becoming the leading food manufacturing and distribution company in the world. It is, therefore, no surprise that the company management would start by taking over some of the most established markets in the world, such as Europe. In the last two decades, OSI group has made more investments in Europe than in any other continent.

Some of the most significant include the acquisition and renaming of Creative Foods UK, Dutch-based Baho Foods, and the acquisition and expansion of Spain’s Toledo poultry processing plant. But what are some of the factors influencing this bullish investment and expansion in the market?

1. Need to meet current demand

After hitting the ground in Europe, OSI Group first concentrated on making strategic partnerships and alliances with different food retailers and consumers. This would see the company products gain popularity with major retailing brands as well as the leading food can restaurants.

With the aggressive marketing campaign paying off, the company had explored additional methods of meeting the spiking demand for its products. Their first move would be acquiring leading brands like Baho and Creative foods before expanding their processing capacity.

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2. Adjustments to changing industry trends and forecasts

Consumer trends indicate that meat intake in Europe is on an upward trajectory and is expected to hold steady moving into the foreseeable future. Poultry products are leading this pack as their consumption increased by more than five percent every year during this time.

OSI Group used these trends and industry forecast in planning and executing their recent and most impactful processing plant expansion in the region yet. The meat processor spent over $20 million expanding their newly acquired poultry plant in Toledo, Spain to ensure that it can process over 24,000 tons of poultry products annually.

3. Pushing its vision forwards

Industry forecasts, trends, and increased demand apart, the Sheldon Lavin led meat company has a goal to achieve, dominating the food industry scene. In this respect, OSI food has been aggressively expanding their global operations through mergers, acquisitions, and the establishment of new processing plants all over the world. Starting with industry’s epicenter, Europe may, therefore, seem like the most reasonable step towards fulfilling this mission.

Find more about OSI Group: https://www.wattagnet.com/articles/27248-osi-group-buys-former-tyson-foods-plant-in-chicago