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Neil Shen
Neil Shen () is a Chinese Venture Capitalist and entrepreneur who is the founding and managing partner of HongShan, formerly known as Sequoia China, the Chinese arm of venture capital firm, Sequoia Capital. Prior to that, he was a co-founder of two companies, Ctrip.com and Home Inn. He has been dubbed the most successful early-stage investor in China. ''Forbes'' has ranked him first on the Midas List in 2018, 2019, 2020 and 2023. In December 2022, ''Forbes'' put his net worth at $3.6 billion. Early life and education Shen was born in Haining, Zhejiang in 1967. He grew up in Shanghai and attended Shanghai No. 2 High School where he was called a math prodigy. He then attended Shanghai Jiao Tong University where he graduated in 1989 with a bachelor's degree in applied mathematics. Afterwards, he moved to the United States and attended Yale University, graduating with a master's degree in management in 1992. Career After graduation, Shen worked for Citibank in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than five billion US dollars in turnover – as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss global issues across 500 sessions. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citibank
Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. The bank has 2,649 branches in 19 countries, including 723 branches in the United States and 1,494 branches in Mexico operated by its subsidiary Banamex. The U.S. branches are concentrated in six metropolitan areas: New York, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. It was founded as City Bank of New York and became National City Bank of New York. It has had an important role in war bonds. It has had a role in international events including the U.S. invasion of Haiti. History Early history The City Bank of New York was founded on June 16, 1812. The first president of the City Bank was the statesman and retired Colonel, Samuel Osgood. After Osgood's death in August 1813, William Few beca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pinduoduo
Pinduoduo Inc. (; Pinyin: Pīn duōduō) is a subsidiary of PDD Holdings. It leverages technology to promote and enable the traditional agriculture industry. It has created a platform that connects farmers with consumers directly. In 2021, 16 million farmers supplied their fruits and vegetables to Pinduoduo users. As of December 31, 2021, Pinduoduo has generated RMB 2.44 trillion (US$383 billion) gross merchandise value (GMV) in the last twelve months. For the 12 months ending on March 31, 2022, Pinduoduo's annual active buyers reached 881.9 million. History Founded in 2015 by PDD Holdings, Pinduoduo started as an agriculture online retailer before transitioning to a third-party platform model connecting merchants and consumers across multiple product categories. In 2019, Pinduoduo invested in building an agriculture-focused logistics infosystem that employs smart algorithms to better plan transportation routes. The logistics system laid the foundations for a next-day, cli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meituan
Meituan (, literally "beautiful group"), formerly Meituan-Dianping, is a Chinese shopping platform for locally found consumer products and retail services including entertainment, dining, delivery, travel and other services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The company operates different apps and websites for different services. The Meituan site offers deals of the day by selling vouchers on local services and entertainment. By May 2014, the company had 5,000 employees. In 2015, Meituan merged with Dazhong Dianping and changed its name to "Meituan-Dianping". dianping.com ( 大众点评网 ''Dàzhòng diǎnpíng wǎng'', literally "public reviews net") hosts consumer reviews of restaurants, similar to Yelp and TripAdvisor, and also offers group buying similar to Groupon. Meituan-Dianping is one of the world's largest online and on-demand delivery platforms. It has over 290 million monthly active users and 600 million registered users as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ByteDance
ByteDance Ltd. () is a Chinese internet technology company headquartered in Beijing and incorporated in the Cayman Islands. Founded by Zhang Yiming, Liang Rubo and a team of others in 2012, ByteDance developed the video-sharing social networking services and apps TikTok and Chinese-specific counterpart Douyin. The company is also the developer of the news platform Toutiao. As of June 2021, ByteDance hosts 1.9 billion monthly active users across all of its platforms. ByteDance has attracted legislative, regulatory, and media attention in several countries over surveillance, privacy, and censorship concerns. History Background In 2009, software engineer and entrepreneur Zhang Yiming collaborated with his friend Liang Rubo to co-found 99fang.com, a real estate search engine. In early 2012, the pair rented an apartment in Zhongguancun and, along with several other 99fang employees, began developing an app that would use big data algorithms to classify news according to users' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Douglas Leone
Douglas M. Leone (born July 4, 1957) is an American billionaire venture capitalist and former managing partner of Sequoia Capital, from which role he stepped aside in 2022 while remaining a general partner. As of August 2022, his net worth was estimated at US$6.1 billion. Early life Leone was born July 4, 1957, in Genoa, Italy. His family moved to the United States when Leone was 11 and settled in Mount Vernon, New York. Leone earned a bachelor's degree in mechanical engineering from Cornell University in 1979, a master's in industrial engineering from Columbia University's School of Engineering and Applied Science in 1986,"Executive Profile: Douglas M. Leone" "Bloomberg". Retrieved June 28, 2016. and a master's degree in management from the |
Michael Moritz
Sir Michael Jonathan Moritz (born 12 September 1954) is a Welsh billionaire venture capitalist, philanthropist, author, and former journalist. Moritz works for Sequoia Capital, wrote the first history of Apple Inc., ''The Little Kingdom'', and authored ''Going for Broke: Lee Iacocca's Battle to Save Chrysler''. Previously, Moritz was a staff writer at ''Time'' magazine and a member of the board of directors of Google. He studied at the University of Oxford and the Wharton School of the University of Pennsylvania and went on to found Technologic Partners before becoming a venture capitalist in the 1980s. Moritz was named as the No. 1 venture capitalist on the ''Forbes'' Midas List in 2006 and 2007. Early life and education Michael Jonathan Moritz was born to a Jewish family in Cardiff, Wales, on 12 September 1954. His father, Ludwig Alfred Moritz (1921–2003), was a German Jew who fled Nazi Germany. A professor of Classics at Cardiff University, in the 1970s, he became its Vi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beijing Tourism Group hotel chain for 11 billion RMB.
In 2016 ...
The Beijing Tourism Group (BTG; ) is a Chinese state-owned enterprise operating in various areas of tourism, including travel agencies, dining, hotels, shopping and entertainment. It is headquartered in Beijing Municipal Administrative Center in Tongzhou District, Beijing. Operations The company has six divisions: * BTG Homeinns — Hotels and resorts *Travel agencies *Shopping * Restaurants *Coaches and taxis *Scenic spots History BTG was established in February 1998. In 2004 it merged with Beijing New Yansha Group (the developer of the Golden Resources Mall), restaurant operators Quanjude and Donglaishun, and the Antique City Group. In 2015 BTG bought the Home Inn Homeinns Co., Ltd, doing business as Home Inns Group or Home Inns & Hotels Management Inc. (; Nasdaq: HMIN), is a hotel chain in China. It is a part of BTH Hotels and its headquarters are in the Xuhui District, Shanghai. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nasdaq
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic trade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Liang
James Jianzhang Liang (; born December 1969) is a Chinese businessman, and the executive chairman, former CEO, and co-founder of Trip.com Group (formerly Ctrip), a provider of travel services including accommodation reservation, transportation ticketing, packaged tours, and corporate travel management. Liang is a research professor of Applied Economics at Peking University's Guanghua School of Management. and is also a scholar of demographics and social studies. Liang has been vocal on China’s population policies in recent years and in generating public interest in issues such as education and urban planning. Education Liang earned his bachelor's and a master's degree in computer science from the Georgia Institute of Technology. He also attended junior classes at Fudan University. In 2011, Liang earned a PhD from Stanford University. Career From 1991 to 1999, Liang worked for Oracle Corporation in the US and China, in technical and managerial roles, rising to head of Orac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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