Richard Liu Qiangdong About His 20-Year Journey In The World Of Retail

Richard Liu Qiangdong attended 2018’s World Economic Forum Annual Meeting, and talked about his journey that changed the landscape of the retail industry through supply chain innovation. From a restaurateur to an important figure within the world of retail, the founder and Chief Executive Officer of JD.com is one of the wealthiest men in China, having a net worth of $11 billion, according to Forbes.

Richard Liu started his business in 1998, selling computer accessories out of a 4 square meter store in Beijing. His business expanded and by 2003 he had 12 physical stores, but due to the SARS outbreak and having both his staff and his customer house-bound, his business was at risk. He ended up closing all 12 stores by the end of 2004, and out of necessity he started retailing online, thus creating JD.com. Despite the fact that he thought in 1998 that the online market was chaotic, once he started doing business online he realized that the logistics costs were lower and recognized the fact that e-commerce was the trend for the future.

In order to prove that he is serious about his business, Richard Liu Qiangdong decided to not sell any counterfeit products on his platform, he provided receipts and wanted to provide a good experience to customers, in order to make his company more unique. Due to the limited amount of money, the platform only sold IT products and mobile phone initially, but added new products every year. Nowadays, the platform has a market value of $60 billion, and in 2017 they added 30,000 new employees, for a total of 167,000. Richard Liu considers that the largest e-commerce platform in China will also be the biggest in the world.

The company has 500 logistics centers and can deliver products in as little as 3 hours in Beijing. Their most popular products are consumer goods, foods and fashion items. 57% of orders are delivered within 6 hours in China, 97% of them arriving in 10 hours. The company also delivers around the world, and it could take 10 to 15 days for products to get to Washington.

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Stream Energy Helps the Hurricane Harvey Victims in Houston

Hurricane Harvey claimed many lives in Houston rendering others homeless. Many companies extended a helping hand to the victims of the natural calamity. Stream Energy was one of the companies that reached out to the survivors of the Hurricane Harvey. Stream Energy engages in corporate philanthropy through their charity foundation known as “Stream Cares.” The company helps out the residents of Texas and other affected individuals throughout the country.

By helping out the Hurricane Harvey casualties, Stream Energy illustrated that the companies in Dallas have endorsed philanthropy as part of their blueprint. The formulation of a philanthropic branch in the company is a recent project. By engaging in philanthropy Stream gives back to the community thereby earning the loyalty and respect of the clientele. Since corporate philanthropy is highly publicized, companies use the publicity to evade negative publicity.

Statistics indicate that companies donated approximately $19 billion in 2016. The organizations have also extended a helping hand by issuing corporate sponsorships and cause marketing. Stream Energy has also cultivated a long-term relationship with organizations such as Red Cross and the Habitat for Humanity.

Additional Information

Stream Energy deals with the direct sale of energy. Its associates deliver specific products and services such as fixed-rate energy and mobile phone plans. They also propel the creation of a large network of clients by offering them clean energy at discounted prices. Stream associates are issued a commission depending on their sales. They also support charitable causes.

When it comes to charity, Stream has placed an emphasis on homelessness, which is why the company, together with its employees come together to assist the homeless people in Dallas. Stream tackles the homelessness problem through Hope. By working together with Hope Supply Co., homeless children access essentials such as clothes, diapers, and school supplies. Stream Energy and the Hope Supply Co. have worked together for four years, and they have impacted the lives of many people positively.

In 2016, Stream reached out to the Texas tornado casualties. The residents of North Texas were affected by tornados a day after Christmas. Since Stream engages in corporate philanthropy, they did not hesitate to help the survivors.

https://www.nasdaq.com/symbol/streamenergy/press-releases

How Guilherme Paulus, The Founder Of CVC Made The Tour Operator The Largest In The Country

Born in 1949, Guilherme Paulus is the co-founder of the largest tour in Brazil which goes by the name CVC. Since its inception in 1972, CVC has grown exponentially and have expanded its network across the country. The company owes its success to majorly to Guilherme.

With a degree in business administration, Guilherme Paulus showcased his entrepreneurial skills at the beginning of his career. He co-founded CVC when he was 24-years old with Carlos Vicente Cerchiari, a famous politician during that time who left the company after four years of its inception.

The year 2009, CVC skyrocketed to new heights after it sought assistance from global investment fund and soon after, in 2013, the company went public and traded its shares in the stock exchange. Currently, CVC generates an annual revenue of $5.2 billion with plans of inaugurating 100 stores in the recent future.

Around 400 CVC travel agencies are operational in shopping malls in the country with an exclusive access for Brazilians to 140 hypermarkets. His unique approach in devising innovative idea led to the decision of partnering up with Omni Channel in order to form an interface between online vendors and physical travel agencies for making CVC available to a broader population which according to Paulus will expand their network.

Guilherme Paulus has a strong sense of social accountability and is actively engaged in philanthropic work throughout his career. His vision is reflected through CVC as they support the PIET project which is a charity dedicated to educating youngsters and giving them an opportunity to work in the tourism industry. Paulus is determined to educate the youngsters and make them the emerging entrepreneurs of Brazil who would work for the development of the country. He also makes regular donations to charities that focus on children belonging from low-income families.

CVC is considered as a premier tour operator in the whole of South America, the United States, and the Caribbean. With over 30,000 business partners they currently own chains of hotels, airlines, and even sea carriers. Such efforts of Guilherme Paulus has developed the holistic economy of the country in the last century.

The Outstanding Career Of Shervin Pishevar

Shervin Pishevar wears numerous hats including angel investor, venture capitalist and entrepreneur. He is the managing director and one of the founders for Sherpa Ventures. This is a venture capital firm based in San Francisco. He was previously Menlo Ventures managing director and helped launch the company’s $20M seed fund. During his early career he founded companies enabled by technology including HyperOffice, Social Gaming Network and Webs.com. The companies he founded have been successful and raised a $50 million aggregate. His investments include sixty companies including the sectors of media, search and social commerce.

 

The U.S. Government chose Mr. Pishevar as one of 100 naturalized Americans for the Outstanding American by Choice award. He is one of the UN Foundation’s Global Entrepreneur Councils ten members, serves the board of ComScore and is an entrepreneurial ambassador for delegations in Russia and the Middle East. During President Obama’s Algerian entrepreneurship summit, he was a key note speaker.

 

Shervin Pishevar graduated from the University of California. He earned his Bachelor’s degree in interdisciplinary studies. He is additionally a published researcher in the Neuroscience Letters and the Journal of the American Medical Association. Shervin Pishevar holds numerous United States patents. Shervin Pishevar is an incubation expert, an accomplished start-up advisor and a published researcher. His is both the Chairman and the Cofounder of Hyperloop Technologies Inc. See This Page for related information.

 

Mr. Pishevar serves the Global Entrepreneurs Council of the UN as a member. He has served several United States delegations as an Entrepreneurial Ambassador. He was an important member of the working group for Technology, Media, and Telecommunications. This policy was instrumental in creating the technology and Innovation Plan in the year 2008. The Department of Homeland Security honored him in 2012. When Shervin Pishevar was just 21 years of age he already had numerous accomplishments in the field of research. This included the seminal article he wrote for the Journal of the American Medical Association. This article played a significant part in leading the Istanbul Protocol. These were the first guidelines established internationally regarding torture. In 1999 this document became official in the United Nations due to Shervin Pishevar.

 

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