JD.com Sells Hungarian Wine to Consumers

JD has partnered up with a leading Hungarian winery. The Chinese retail conglomerate began distributing Grand Tokaj wine which is one of the most well known in the world. Both Jingdong and Grand Tokaj have agreed to begin selling the wine in the Chinese market during the past year. For JD, it will add yet another wine product for consumers to choose from when purchasing wine. It has offered to help research the markets to find out what Chinese consumers are looking to get from wine products. Jingdong will also handle the shipping tasks as well. For Grand Tokaj, it will have one of the most reputable retailers in the world sell one of its leading products to consumers. As a result, this looks to be a very beneficial business relationship between the two parties.

Jingdong will begin selling a wine product that is among the most distinguished in the world. Grand Tokaj wine is made from raisined grapes through a process called noble rot. With this process, the wine is very sweet and is therefore quite tasty. It is also one of the oldest wines in the world as it has been made since the year 1630. Part of what has made the Grand Tokaj wine one of the longest lasting brands is its affiliation with the Hungarian government. The winery is backed by the national government so it will be widely available for both national and international consumers.

Recently JD put the wine product on the market and has seen excellent results. Within ten hours of putting the Grand Tokaj wine up for sale, 1,000 bottles were sold and over 400,000 consumers followed the wine product. With this amount of popularity, the Grand Tokaj wine is now best seller. Jingdong has revealed that three quarters of consumers prefer to purchase a foreign wine. Consumers such as young women are among the primary groups of consumers who purchase the Grand Tokaj wine. As of today, Grand Tokaj wine is the second most popular in China. JD is very pleased to sell this very popular wine product as it believes that it will be a product that satisfies its many customers.

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Richard Liu Qiangdong Continues to Steer JD.com to Higher Heights 15 Years Later

Richard Liu Qiangdong started JD.com in 2004 but before that, he prepared the ground extensively for the opportunities that came later. Currently, the Founder and CEO of one of the largest e-commerce platforms in China is estimated to be worth $12 billion making him one of the richest individuals in China. He leveraged intuition, intrinsic beliefs and business savvy to build the business empire which serves more than 300 million active shoppers in China and beyond.

Let’s look at his background to get a clear view of the path he navigated to get here. He was born in Suqian town in China and he was raised by hardworking coal-shipping parents. He excelled through his primary and secondary education to earn a slot at The Peoples’ University of China to study Sociology. At the university, Richard Liu Qiangdong also expanded his horizons to make him a better candidate for employment opportunities in the future. He taught himself skills related to computer science.

His self-acquired skills helped Liu Qiangdong to earn a spot at Japan Life. He executed his duties extremely well to an extent he earned the position of Director of Computers and Service at the company. In 1998, the successful businessman left formal employment to start his own business. He started a business in a retail space at China’s tech hub in Beijing. The retail business sold magneto-optical products. It dealt with authorized products to outshine other players who dealt with counterfeit goods. Five years later, the business had blossomed to expand into twelve brick-and-mortar retail spaces.

In 2003, the business was affected by the SARS outbreak in China. Richard Liu Qiangdong leveraged his tech savvy to transition into e-commerce. He closed down all his physical retail spaces and renamed the online business into Jingdong. He later launched JD.com, a platform which grew tremendously to offer high-end luxury items and to be worth more than $57 billion. It developed business relationships which further fueled its growth. It has increased its presence massively in China. It is the success of the platform that attracted world’s largest investors including Walmart. While the company has gotten into many partnerships and welcomed on board some investors, Richard Liu Qiangdong remains at the helm of the company overseeing the daily operations, technology building, business forecasting and every other aspect of the company.

Learn More: www.jdwl.com/richard-liu-jd-ceo-about

Lincolnshire Management, Inc. Portfolio

On October 29, 2018, the sale of Holley Performance Products was sold to an affiliate of Sentinel Capital Partners through the merger of Driven Performance Brands with Holley because the terms of a private transaction that had not been disclosed. As a Lincolnshire partner, Holley was founded in 1903 and has stayed put as the largest designer, manufacturer, and marketer of branded products in the automotive market. This brand uses Lincolnshire Management and stands for American performance car culture, with a management team to match. Lincolnshire Management has been a partner of Holley since 2013.

Ben Bartlett mentions Lincolnshire Management has revenues and quadruple earnings during their investment period. Holley Performance Products is known for having great knowledge about the market, their products, and consumer behavior. They truly understand the layers of Holley’s business, also has received financial advice from Lazard Middle Market and UBS Investment Bank and legal counsel from Kirkland & Ellis LLP. As a private equity firm, Lincolnshire Management values a collaborative approach, as Lincolnshire has $1.7 billion of private equity funds that are under management. $835 million is the most recent Lincolnshire Equity Fund IV, which is ranked in the top quartile of all private equity funds in existence at this time.

Lincolnshire Management has a policy to have an approach to transactions that are creative and flexible. Their approach is to look for companies in industries that are growing. Lincolnshire Management has specific investment criteria, which additionally means they are open to investing in all industries, in particular, niche manufacturing, distribution, and services business. Lincolnshire Management’s main criteria, however, are desired to have strong management teams, competing advantages, diverse customers, good profit margins, and growth opportunities. Lincolnshire delves in acquisitions of private companies that are growing, whether public or private. Lincolnshire Management’s portfolio includes Allison Marine, Dalbo Holdings, Desch Plantpak, Latite, Nursery Supplies Inc. and True Temper Sports.

Read the history of Lincolnshire Management here https://www.revolvy.com/page/Lincolnshire-Management

Paul Mampilly – A Highly Successful Investments Analyst

Paul Mampilly is US-based an investment expert. He was born in India and came to the United States at the age of 18 years in pursuit of higher education. He did his masters at Fordham University and decided to make the United States his permanent home. He pursued a career in the financial sector getting his first job was at Bankers Trust where he worked as an assistant portfolio manager. From this position, he has managed to work with many other organizations going up the ladder to become one of the significant players in the financial sector in the United States. In the process, he has worked with organizations such as ING and Deutsche Bank.

When he joined Bankers Trust in 1991, this was just the starting point of an interesting career that he would lead as a financial expert. For two decades, Mampilly was working in Wall Street with various organizations. In 2006 he was appointed the hedge fund manager of Kinetics Asset Management, an organization that had about six billion in net worth at the time. A few years later, Paul Mampilly left Kinetics Asset Management with a network of over $25 billion. This remains one of his key achievements as a financial expert working in Wall Street. In 2009, Mampilly won the Templeton Foundation competition, which was created to determine the best trader in Wall Street.

Paul Mampilly emerged the winner after recording 76 percent return of the investment of $50 million that each trader was given. After winning this competition, he proved that he was the best successful investor in the country. Paul Mampilly left Wall Street to concentrate on training the average American investors who were facing challenges making profits from the market. He made this decision after realizing that in Wall Street he was only helping a small group of highly successful individuals to make more money while millions of Americans were struggling to earn sufficient money to live a comfortable life. Today, Paul Mampilly works as a senior editor with Banyan Hill Publishing Company. Through this company, Mampilly authors of his Profits Unlimited newsletter, a publication that contains vital information about stock investments.

Read more: https://premiergazette.com/2018/06/broadening-tree-of-wealth-with-paul-mampilly/

A Peek into the Life of Wes Edens

Wes Edens is the co-owner of a basketball club called Milwaukee Bucks. Personally, he loves to do sports like skiing and rock climbing. Edens shares that whenever he goes for either skiing or mountain climbing, he disconnects from the world and does not carry any gadget with him. He does not play but admires watching basketball. About Wes Edens was born in Montana but later moved to Oregon. Most of his time was spent in New York as he finds it a place with so many positive vibes. His father was a psychologist and mother a teacher.

Wes Edens shares that the current time is proving to be an outstanding season for Milwaukee and nowadays, he only switches to NBA channels. He also appreciates Peter for bringing in the change of environment which was the need of an hour. Talking about club shirts, Edens also narrates how the whole idea came up. Praising Anthony Davis, he states that his selection was random, but he turned out to be one of the best players of the NBA. Wes Edens says that Milwaukee is an ideal place for all players as if offering only a few minutes journey to one’s family.

Wes Edens also shares peculiar things about Milwaukee referring it as a foodie place facing a beautiful lake spot. Talking about Tom Brady and LeBron James, he delineates how their positions in the team bear more fruitful results. Leagues check the capabilities of players. The more diverse the leagues, the more hidden talent is exposed. He says in order to make your franchise a success you need to plan on a long term basis. Teamwork and discipline are essentials. According to Wes Edens, the right people for the right job and a little bit of luck are few ingredients of success. He is also the half owner of English Premier League team. Milwaukee Bucks was the major and the best investment opportunity in view of Edens as it was worth 550 million dollars. Furthermore, he shows his sincere wishes for the club and says that this franchise must be celebrated.

Learn more: https://markets.financialcontent.com/stocks/news/category?Category=Wes+Edens

The Business Ventures of Ashley Lightspeed

Prototyping was fun for Ashley Lightspeed. Even as a child she has fond memories of sitting with her father in their garage to sketch buildings and come up with different designs and ideas. It was while at Duke University for her Bachelor’s degree that she felt an attraction to prototyping ideas to do with business as opposed to what she used to do with her dad all those years past. After graduation, she started consulting at Bain. Follow Ashley Lightspeed on Twitter.

Bain

Consulting for several years at Bain exposed Ashley, and soon she felt a desire to explore Silicon Valley. She went on to join Thumbtack in the capacity of category manager. This meant that she was responsible for the customer experience. This position also included events and weddings management. Ashley believes prototyping to be a central gadget in the entrepreneur’s toolkit.

Thumbtack

At Thumbtack Ashley Lightspeed learned about venture capital. It was while on a fundraising pitch that she was exposed to it. Years later she went to Stanford GSB to study while at the same time trying to start her own company and consulting for startups. Her curiosity led her to the realization that she liked trying out different industries and working with entrepreneurs to help them realize their dreams.

Lightspeed Venture Partners

With her MBA and experience in spades, Ashley Lightspeed joined ‘Lightspeed Venture Partners’. Today she works with new companies helping them realize their growth strategy. Craftsmanship is her passion as it compels her as a creator to feel deeply for the people and companies she is helping create ideas. The creator gets to the point where he/she is patient enough to comprehend the needs of the client and to convert the understanding into tangible solutions for the clients. Craftsmanship she feels helps make it easier for the client so that they need not worry too much about their venture

Read more: https://ideamensch.com/ashley-brasier/

 

Jojo Hedaya Explains The Learning Process Behind Unroll.me

Jojo Hedaya and business partner Josh Rosenwald began their career with the email subscription service startup, Unroll.me as a way of handling their own problem with email junk. Entrepreneurs are always encouraged to find a problem and solve it in a new and innovative way to ensure their success, which is what the two college dropouts did. The co-founders have been friends since childhood and found themselves struggling to find emails from each other in the junk mail they received during their college days when the idea for Unroll.me was formed.

Referring to Jojo Hedaya as a college dropout may seem a little harsh, particularly when he was just three credits short of receiving his Bachelor’s degree at Boston College and was Vice-President of the Student Government. Jojo Hedaya believes the workplace and educational sectors have evolved in recent years to place the focus of most employers of experience over academic achievement. The decision by the New York native to leave college prior to graduation and focus on his entrepreneurial skill was based on his desire to build the business he and Josh Rosenwald had created.

The arrival of Jojo Hedaya as an entrepreneur came with the knowledge his first attempt at creating a business was probably destined for failure. Upon forming Unroll.me the research completed by the current Chief Product and Consumer Officer showed 95 percent of startups fail in their first few years.

Perseverance is obviously an important factor in the character of Hedaya as the first attempts at producing a working version of Unroll.me were unsuccessful. Jojo Hedaya and Josh Rosenwald remained confident their email subscription service would work and rolled out the initial version of the software just two months after forming their company. Hedaya points to this as a major milestone in the career of himself as despite the initial offering not working particularly well, the interest from major publications led to Unroll.me hitting one million subscribers in a short time. Despite selling Unroll.me to the Slice group, Jojo Hedaya remains committed to the idea of his email subscription service and decided to remain an active part of the brand moving forward.

https://www.producthunt.com/@jojo

A Feature into the Profile of Mchael Nierenberg

Michael Nierenberg is the CEO as well as chairperson of New Residential Investment Corp. He is also the managing director at Fortress. New Residential Investment Corp is a real estate investment trust firm. They focus on, invest in and manage residential mortgage related assets in the United States. They work by Servicing and Originations, residential mortagage securities and loans, and consumer loans segments. In2013, Michael Nierenberg was appointed CEO and president of the firm. Three years later in 2016 he was appointed Chairman of the Board.

Michael Nierenberg has held top positions in the finance and mortgage industry throughout his professional career. Before becoming top executive at New Residential Investment Corp, he served at Bank of America Merrill Lynch where he was top executive officer and head of global securitized products. He was part of the investment committee. Before joining Bank of America Merrill Lynch, Michel Nierenberg was in JP Morgan and prior to that he worked for fourteen years with Bear Stearns. In his tenure at Bear Stearns he held many senior positions of leadership. Nierenberg served as head of mortgage-backed securities trading and head of interest rate and foreign exchange trading operations. He was a member of the board of directors at Bear Stearns for two years before he left in 2008.

Prior to Bear Stearns he had worked seven years at Lehman Brothers where he was a key contributor to the company’s adjustable rate mortgage business. About Michael Nierenberg is 55 years old with a lot of experience in matters of business management and finance. His estimated worth is in the least 43.8 million dollars by June 2018. He owns over 1.7 million units of New Residential Investments stock. Nierenberg’s leadership at New Residential investments has sparked a lot of confidence in the firm and insider trading at New Residential Investment has been auspicious the last three years with Nierenberg being among the most active insider traders. He is among the younger members of his board with several above 60 and several ranging 54 to 56 years. He has developed a life-long career consistently building his working experience to where he is today.

Wes Edens

Wes Edens is well known for his involvement with Fortress Investment Group. He is also well known for owning the NBA team the Milwaukee Bucks. If these two things were not enough to make him successful, he has also had involvements with supporting education in the fields of healthcare across the globe. He has always focused on the worlds most challenging problems.

Edens and his wife started Edens Professorship in Global Health at a college in Macalester. This partnership is worth two million dollars and focuses on the geography of medicine and health. They try to study the environmental factors of health worldwide, infectious diseases across the globe, health hazards that effect each area of the globe, and how each part of the globe carries out their healthcare delivery in different ways. By doing this, Edens and his wife are helping to further the study of healthcare, and hopefully this will help to advance the way we know healthcare. Learn more about Wes Edens at Financial Content.

Being able to fund something like this is exciting to Edens and his wife. They say that they are very interested in the topic, and understand what effect healthcare has on the world. Being able to study things like this will hopefully help to find better ways of treating people. There are many challenges within healthcare, and hopefully by having this program a lot of these challenges can be turned around.

Wes Edens has worked hard throughout his life for everything he has. Wes Edens has accomplished many things that he is very proud of, and he is not done yet. Edens is huge within the investment world, and hopes that many people will learn from the things that he has accomplished. Wes Edens is a great influence for other people, and hopes that people will follow in his footsteps. He wants to see others work hard to accomplish their dreams.

Read more: https://www.dailyforexreport.com/wes-edens-leader-philanthropist/

 

New Residential Faces a Promising 2019

New Residential is an investment trust that focuses on acquiring mortgage-related assets. The company is known for its investments in mortgage servicing rights and the overall residential marketplace. It’s a company to definitely consider for 2019. New Residential is a publicly traded company that had a successful 2018 and also has had success in the consumer loan industry.

New Residential had a volatile last week of January. Its Historic Volatility was recorded at 2.84%. The company’s 52-week high was listed at $18.75. Its low at $13.86. Before that, on the 15th of January, Zacks Investment Research lowered New Residential’s rating. It went down from a ‘buy’ to a hold’. Even prior to that, Credit Suisse Group gave a ‘buy’ rating for shares of the Company.

Analysts recognize the growth potential of New Residential. Analysts have given the company a forecast for one year which hits an average of $19.25. New Resident Investment Corp. is an investment trust to watch in the first quarter of 2019.

Read More: ir.newresi.com/CorporateProfile