Browse Category: Food Processing

Richard Liu Qiangdong: JD.com is Ready to Go Global

Richard Liu Qiangdong is the founding Chief Executive Officer of JD.com, a market leader in the Asian e-commerce retail industry. The Jiangsu-born businessman has shot to international fame for his immense business success. He started in business in 2004, setting up a single shop to sell computer parts in Beijing.

The innate business ability in Richard Liu Qiangdong showed up when he expanded his computer parts stores to a total of twelve within a short period. But as fate would have it, the 2003 SARS outbreak grounded all his staff and clients, rendering the business redundant. The stores never recovered from the blow, and in 2004, Richard Liu decided to go online.

The migration from the brick and mortar establishment saw the birth of JD.com. Since the inception of the company, Richard Liu has demonstrated his visionary leadership skills by steering it to the apex of the Chinese e-commerce industry within a short time. Today the company is listed on the Nasqad, and the CEO has grand plans for its expansion.

As a respected businessman and leader, Richard Liu Qiangdong made an appearance in this year’s World Economic Forum. During the event, which was held in Switzerland, Richard Liu explained his grand plans to take JD into the global market. He said that the preliminary plans would involve a revamping of its logistics market in those regions, where JD. Com has not firmly established its presence.

As part of the plans to expand the company’s logistics infrastructure, Richard Liu Qiangdong disclosed that JD.com’s logistics subsidiary would go public. Richard Liu also said the company is considering dual listing. Dual listing occurs when a company trades its shares in more than one stock market. According to Liu, the move will make the company’s stocks more liquid, a move which will eventually benefit the investors.

Although Richard Liu Qiangdong did not explicitly state when the listing will take place, he told the CBNC News that the listing would happen in mainland China or Hong Kong.

Earlier during the year, JD.com launched a fundraising round at its logistics business with a view of raising a total of $2 billion. The series attracted several noteworthy investors such as WeChat, Google, Sequoia Capital China, and Hillhouse Capital Group among others. Click here

OSI Group Has Registered Tremendous Growth in the Food Industry

Everyone has a desire to start a thriving business but running it daily hasn’t been a walk in the park for most people. Many entrepreneurs will agree that having a desire to run a business and running it successfully are two different things. The food processing industry has attracted many entrepreneurs who wish to invest their money in a lucrative field. Several companies have ventured into this industry, but their performance and growth aren’t the same. While some are still struggling to make their names heard in this industry, others have taken the market with its horns. Almost everyone can feel the influence and impact OSI Group has made as a global food processor.

OSI is a foodservice provider you cannot ignore today. Though you may not have come across any of its offices or distribution point, you may have consumed most of its products. Many families survive through the products this food company produces. OSI Group has achieved its current growth through its great strategies and effective leadership. The company has managed to make prompt delivery of the requested products to the clients. Many clients are happy when a company responds quickly to their requests. The company knows how to make its packaging exceptional and appealing. It understands that small things can transform a business within a short time.

OSI is one of the private companies the United States is proud of today due to its brilliance and diligence. The company invests a lot in quality food labeling and packaging. You may not have realized that most restaurants have custom foods on their menus. The company knows how to choose the best ingredients to make its products more appealing to the customers. If you are looking for a custom-food provider, you would be right to choose OSI Group. As the company identifies some new other products to introduce to the market, it’s careful to maintain the quality of its previous products.

The company isn’t just concerned about the quantity of the products it produces but also about the standard. Some of the OSI Group foods include hot dogs, fritters, soups, cucumbers, fruits, pizza, flatbread, desserts, poultry products, steak, chicken fried steak, fresh dough products, and Panini. The company is keen on the safety measures to ensure its clients are always happy with its products. OSI has a team of experts that ensures sensory evaluation, annual audits, stringent testing, and raw material monitoring. Most food products require special handling, and this can only come when some stringent safety measures are implemented.

For details: www.forbes.com/companies/osi-group/