JD.com has no doubt captured the reigns of the retailing industry in China, with a revenue of over 1.3 trillion yuan in 2017, JD.com is considered to be the leading force in innovation and customer service within the retailing world. In keeping with their innovative business model, JD.com has announced that they will be partnering up with Toy company HASBRO in order to celebrate the premiere of the Transformers spinoff movie BUMBLEBEE into Chinese theaters.
This, although is not the first time these two companies have partnered up with eachother, in fact, in 2017 JD.com and HASBRO, would premiere a mini short to promote the upcoming Transformers movie that was set to premiere. The mini short featured The Red Knight (a JD.com Exclusive) and Optimus Prime fighting against enemy drones to protect an Energon fuel deposit. This year the two will once again introduce to the public an additional three mini shorts that similar to the previous ones but now protecting an HLA (A Chinese menswear clothing store).
The Bumblebee movie, which is set to premiere in Chinese theaters on January 4th, 2019 will be set in the late 1980s. Hailee Steinfeld will portray the character of Charlie, a small town California girl and her hunt for a used car. When she discovers an old beat up VW Bug in a junkyard, Charlie soon realizes that her little Bug is actually Transformer Bumblee in hiding after being injured in a battle.
In addition to mini shorts, HASBRO has announced that they will also introduce a limited time run toy of JD.com’s The Red Knight. JD.com will also take part in the celebration by having a limited sale on all HASBRO, Panasonic and HLA Bumblebee merchandise. The “Super BUMBLEBEE Day” will be opened during premiere day and will be available to over 300 million of their customers.
David Zalik is a college dropout, and a billionaire. The CEO of GreenSky Credit found a niche lending market that offers loans to people for home improvement projects. Zalik offers cheap financing with a very simple application process. In a manner of seconds, customers can find out if they are not just preapproved for financing, but receive a full approval. Zalik does not charge any interest or require any payments for the first 12 months of the loan.
GreenSky Credit is a $3.6 billion company. The business model is simple, match consumers with banks offering home improvement loans. In 2016, the Atlanta-based company ranked third in overall value when compared to other finance-related tech companies who receive venture capital and remain private. The only two fintech companies that came in ahead of Zalik and his company at the time were SoFi and Stripe.
Zalik moved from Israel to the U.S. with his family when he was just four. Zalik did not attend high school and was once enrolled at Auburn University. Zalik left Auburn to put his attention to a computer-related company he created. Zalik is on the radar of many media outlets, but he eludes almost any attention that comes his way. He rarely answers any emails, phone calls or any other communication from any media-related agency. When Bloomberg interviewed him on Aug. 31, 2016, it was his first interview.
Although the attention is tough to avoid, Zalik formed partnerships with well-known banks such as Fifth Third Bancorp and SunTrust. In 2016, Fifth Third bought a $50 million stake in GreenSky Credit. Unlike chief rivals such as Lending Club, whose stock has plummeted nearly 80 percent since its high in 2014, Zalik and GreenSky Credit seem to have found a niche market, and the company is receiving high praise form fintech insiders.