Home > Blossary: China Rich List 2014
China’s top 100 richest are now worth $376 billion, up 19% from a year ago.The quicksilver of the Chinese Internet may even exceed what the Web bestows elsewhere. Especially when an outfit from China enjoys a U.S. stock listing. Look no further than Liu Qiangdong and his Amazon-like online shopping site JD.com. Though it lost money in the first half, it rocketed on the share market after a May IPO. Even with a 22% comedown from its peak, JD.com’s $35 billion valuation is sufficient to lift Liu from 98th on last year’s China Rich List to 10th this time, with $7.1 billion.
Category: Business
10 Terms
1
Created by: tim.zhaotianqi
Number of Blossarys: 40
My Terms
Collected Terms
It's been hard to keep up with Lei Jun. Xiaomi, the mobile phone company he cofounded in 2010, has become the world's number five supplier. He also chairs gaming company Kingsoft; its subsidiary, ...
Domain: Mobile communications; Category: Mobile phones
Longtime list member He Xiangjian stepped down from daily operations in 2012 at Midea Group, which he founded with 23 locals in the village of Beijiao in 1968. Today the company is one of China's ...
Domain: People; Category: Entrepreneurs
Liu Qiangdong climbs into the top 10 this year following the successful Nasdaq listing in May of his Chinese online shopping firm, JD.com, where he is chairman and CEO. Liu's first business was a ...
Domain: People; Category: Entrepreneurs
My other Blossarys