JD .com initially started as Jingjong in 1998 before changing to JD.com 2003. It is the biggest e-commerce company in Chinese and its quarters is situated in Beijing. Richard Liu started the company in 1998 as a chain of retail shops and he went online as JD.com Company in 2004 after the SARS outbreak which made his customers and employees stay indoors which ended up affecting the businesses greatly. The outbreak triggered Richard Liu to find out a way of selling his products to his clients and attract other from far regions. That is when Jingjong decided to sell their products and services online. Besides online business being new in China at the time, JD.com quickly picked up and in a short period the company had secured thousands of clients from various parts of China. Right now, the company has made a lot of profits by selling their products and other companies have collaborated with JD.com in order to market their products globally.
JD .com’s Collaboration with Companies to go Global
Since JD.com is already running their errands in most parts of Asia, the company recently collaborated with the Central Group, which is the top Thai retail conglomerate, with the target of extending their services to Southeast Asia. This will be a great move for the company since occupying the Southeastern part of Asia shall greatly the population of their market hence bringing in more profits. The two companies came together to form “JD CENTRAL” e-commerce platform.
The platform will enable JD.com to further expand its market since the company has already launched a similar platform in Indonesia. Apart from the company’s platform in Indonesia, it has also established a strategic investment in Tiki, Vietnam. When the company used “JD CENTRAL” in its testing practices, the platform provided direct sales and marketplace replicas. Since the operations were opened up to date, the sales that have been made through the platform have gone past the expectations. This means that the company’s target of extending its footprints to Southeastern Asia is likely to succeed. Some other companies that have collaborated with JD.com so as to go global include, San Miguel.
HCR Wealth Advisors is a registered investment advisory firm, or, sometimes referred to as an RIA firm, based out of Los Angeles, California. HCR Wealth Advisors is in the business of servicing high net worth individuals. The team works to establish relationships through education and service. This allows them to develop a personalized financial strategy for each client.
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The team at HCR Wealth Advisors puts the needs of its clients first. They take the time to get to know the clients and strive to build personal connections based on understanding of the needs of the clients as well as proper education on investment strategy that fits the personalized needs and situation of each client.
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Good business ideas usually come to you in the midst of your daily schedule, and it can help to have a little time to brainstorm for them as well. Entrepreneur Chris Burch, the owner of Burch Creative Capital says you just need to have some time where you write down ideas as they come to you, and then later share them. Burch has had quite a few innovative companies come from random ideas at his investment firm, and he’s happy to guide new entrepreneurs with the start of their companies.
Chris Burch is currently a billionaire with all his equity, stock options and hard assets totalling to that net worth as mentioned by Forbes in 2014. But where it all began for Burch was when he was only a college student at Ithaca College in upstate New York. He had gotten an idea to buy custom-made sweaters and sell them around the college and he grew it into a million-dollar retailer. It became known as Eagle Eye Apparel and had over 50 stores at the height of its time. Chris Burch sold the company later and prior to starting Burch Creative Capital undertook several other ventures including producing a movie and also buying stakes in a private equity firm.
Chris Burch has been a consultant and brand expert for several notable fashion and lifestyle companies including his former wife Tory Burch’s fashion line, and the ED Company by Ellen DeGeneres, know more on (Bjtonline.com). He exited Tory Burch around 2012, but four years earlier he had begun Burch Creative Capital and launched C. Wonder. Other companies he funded through Burch Creative Capital include Voss Water, Poppin Office Solutions, Powermat, Snowe Home, and Pypestream.
Chris Burch started investing some of his profits in real estate back in the 1990s, and then in 2004 made a major investment in a Buenos Aires 5-star hotel in partnership with The Alan Faena Group. He began to accumulate even more returns on investment when he bought several residential properties in New York and Nantucket Island including one that he flipped from $14 million to $25 million. Burch made his largest investment in 2012 when he bought a hostel on a remote island in Indonesia known as Sumba. He poured $30 million into this property and had it transformed into one of the most lavish beach resorts in the world. Burch as a philanthropist has been a former donor and trustee of the Tilton School in New Hampshire, important source on businessinsider.com.