Category Archives: Founder

Quick Delivery, JD.com, High-tech Drones, Richard Liu

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Richard Liu Qiangdong attended Renmin University, in Bejing China. He majored in Sociology. Richard Liu founded JD.com in 2004. Focusing primarily on unique, upscale merchandise, JD.com took off in sales and popularity almost immediately. The company has over 500 warehouses, which holds millions of items.

David Rubenstein, interviewed Richard Liu at the World Economic Forum. During the interview, Mr. Liu explained, that the company has over 5 million items, at an turnover rate of over 30 days. Mr.Liu explained, the goal of the company is to have even more merchandise, at a turnover rate of 20 days. This simply means that the items will have 20 days to sold and removed from the warehouse. During the interview it was obvious to see that the Richard Liu had big plans for JD.com.

As a Fortune 500 Company, JD.com has proven itself to be a serious competitor in the world of online retailer. The company has over 300 million active shoppers. Most of the shoppers purchase items via mobile phone. Actually 80% of all the orders that come in are by phone.

As the largest e-commerce retailer in China, JD.com has just about anything that a shopper may be looking for. Whther it’s cosmetics, electronics, or the hottest fashion when it comes to clothing. Items from the Banana Republic and Nike are just a few brands on JD.com.

As with any online shopping network, the amount of time that it takes to deliver items are important. In China delivery time averages 6 hours. However, in rural parts of China it could take longer. This is why, Richard Liu, along with his colleagues have designed the JD Drone system. This system allows the merchandise that has been ordered to be dropped off at any JD dropoff station. Once the item is dropped off, the item will be attached to the drone. The drone will have only a few more kilometers to travel. This system will save the company and the customer time and money.

About Richard Liu: www.jd.hk/richard-liu-jd-ceo-about

Randal Nardone Posts and Positions

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Randal Nardone is among the members who established Fortress Investment Group. He has attained incredible success in the financial sector. Nardone has a vast experience of more than 30 years in the field of finance. He has a great educational background. He studied a Bachelors of Arts in English and Biology in the University of Connecticut. He then joined Boston University where he graduated from the school of law with a Juris doctor. Before he ventured into the financial industry, Nardone used to serve in the law firm, Thacher Proffitt & Wood as a partner as well as an executive member of committee. As a lawyer, Nardone realized that there was a great connection between law and finance. His interest grew so much such that he shifted his career to the financial industry and began working in BlackRock Financial Management.

He served as the principal of this company up to 1997. He then left this company and started working as the managing director of UBS. In 1998, Randal Nardone became the co-founder of Fortress Investment Group. Nardone has served as the CEO of Fortress Investment Group since 2013. During his era, he has played an incredible role with many branches of this company. Nardone is also a co-founder and a principal of Fortress Credit Corporation. In addition to this, he is the Company Operating Officer as well as the Chief Executive Officer, CEO of Fortress Investment Fund IV as well as Fortress Investment Fund V. He is also a co-founder, Vice-president, Secretary, and the Chief Operating Officer of Fortress Registered Investment Trust.

Apart from his service at Fortress Investment Group, Randal Nardone is also the chairman and the president of Springleaf Financial Holdings. Randal Nardone is the President of Ncs 1 LLC. Nardone also serves as the Newcastle Investment Holdings VP and secretary. He has also been the Company Operating Officer, portfolio manager as well as the secretary of RIC Coinvestment Funds. In May 1999, Nardone was the Secretary and the COO of IMPAC Commercial Holdings Incorporated. Nardone has served in various many companies that gave him tremendous skills and great experience. All this work has enabled Randal Nardone a prominent Billionaire across the world. He is featured as the 557th Billionaire in the Forbes list of Billionaires. He has a net worth of 1.8 billion US Dollars. Fortress Investment Group is in the verge of more growth due to good management. All Credit Goes to Nardone for his passion and commitment