JD.com is the largest e-commerce retailer in China with over 100 million users, and has been growing steadily over the past decade or so. Throughout this time, the retail giant has been known for a variety of innovative strategies and technologies that have helped them better serve customers. This innovation has been at the heart of Jiangdong’s growth throughout its entire history, from its humble beginnings as a small store in Beijing to a multi-national that Forbes recently estimated to be worth over $11 billion. Now, however, JD.com is continuing its expansion into Southeast Asia by partnering with Thailand-based company the Central Group.
The two have been working together for quite a while, and released a trial version of their e-commerce platform JD CENTRAL to select users across Thailand over the past few months. During this time, the pair have been collecting a significant amount of user-feedback to help improve and enhance the platform. During this time, JD.com and the Central Group have collected a significant amount of data about how these users shop and what kind of products they’re interested in. Through this, a couple of surprising pieces of information has popped up. One of the most notable of these has been that Chinese products are some of the most popular in Thailand, with a variety of Chinese brands making up a large portion of sales.
These brands have included the likes of OnePlus, Lenovo, Xiaomi and Huawei. Furthermore, it’s been noted that there are a few specific categories that have taken up a considerable portion of sales. The most significant of these have been top fashion items, mobile devices and more short-term products such as makeup and other perishables. On top of this, JD.com and the Central Group have noted that the majority of their users, 80%, accessed the e-commerce platform through a mobile device. Coupled with a variety of other feedback, the pair have been able to use this information to optimize JD CENTRAL for their customers’ needs. This led to a full release several months after the trial began, and JD CENTRAL has been growing steadily since then.
To Visit More Click Here
Globalization thru E-Commerce
Today the business is growing at exponential speeds because of the globalization of merchandising efforts, the plethora of worldwide brands that can be purchased at the press of a button. Technology plays a big part in making globalization effective in any E-commerce business. This is also true of Richard Liu Qiangdong’s business JD.com. The China E-Commerce giant often called the “Amazon of China” has recently entered into the E-Commerce market in Thailand where 80% of its customers shop by the use of cellphone technology.
JD.com and E-Commerce
Liu QIangdong, CEO of JD.com, is also doing something to increase the retail shopping opportunities of low-income communities by building and supporting them at the ground level. For example, Liu QIangdong believes deeply in the principle of giving back to the community. He conceived the idea of a range free chicken farm in 2013 and purchased hundreds of acres of land in some of the lowest-income areas of China. Today that property has an estimated 1M chickens on over 100 acres of land that houses and breeds range-free chickens and prepares them for the market.
Free-range Chickens and low-income Communities
Chinese consumers know the importance of raising range-free chickens and the benefits it has for both animal and consumer. Furthermore, Liu QIangdong, in turn, built hundreds of jobs for the people in low-income communities. the range-free farm provides increased income for hundreds from the local communities. Globalization of businesses should have the opportunities to expand their reach to other communities, but according to Liu QIangdong the less fortunate or those of lower-income communities shouldn’t be left behind at the expense corporation should integrate low-income communities into their business models.
Modern Day Business Practices
This modern way of business is a way that ensures businesses of a future for its customers and those in local communities it effects. There are other considerations organizations and businesses need to face as environments’ natural resources become tapped out and waste from toxic plants pollute nearby communities; corporations have a responsibility to support the environment in which it relies upon for its success.
Liu Qiangdong began in small retail outlets across the cities of China but expanded into E-commercial sites thru its JD.com. Today JD.com is the largest online retailer in China and has over 500 warehouses across China serving its customers.
To Read More Click Here
The lifestyle brand, Holley Performance, leaves from the ownership of Lincolnshire’s equity team.
The transaction promises to lighten the load—and the responsibilities of the private equity firm. Lincolnshire Management has a diverse portfolio of better performing assets to concern itself with. Holley’s sale was completed by Sentinel Capital Partners. Sentinel brings Holley’s performance manufacturing into its own group of companies.
Holley will merge into Sentinel’s own Driven Performance brand, but the details of how were kept secret.
Both, Holley and Driven Performance, manufacture aftermarket parts for the auto industry. Brands like NOS and Racepak are a few labels that come to mind. They come from the web of companies listed under Holley Performance. Its exhausts, sensors and dash parts are now controlled as the innovations of Sentinel Capital Partners.
The Difference in Private Equity
Though Holley Performance generates its own revenue, its privatization keeps it from being sold as a stock. Lincolnshire Management works in private equity as a way of doing safe business. Public markets don’t affect private brands, and this works as a source of protection.
Private companies don’t have to face the major risks of the stock market either. Their market valuations aren’t in the hands of public sentiment. Retail and institutional investors are the clients of private equity firms like Lincolnshire Management. These clients seek funding, acquisitions, capital expansions and diversity.
A Look at the Services
The daily services of Lincolnshire Management give it 1.7-billion dollars under yearly management. You can find Lincolnshire Management with these services:
- Recapitalization: Transforming the capital structure of a business requires a financial overhaul. Recapitalization balances the current debt of a company and reduces its deficits.
- Management Buyouts: When managers and executives work to gain a majority share, through a small or large business, it’s called a management buyout.
- Corporate Divestitures: Here’s a form of restructuring that rids a business of poor-performing assets. This is essentially what happened through the sale of Holley Performance.
- Growth Equity: Growth capital gives businesses the money they need for investments and for completing expensive transactions.
See Lincolnshire Management profile here https://massinvestordatabase.com/publicfirm.php?name=Lincolnshire+Management