Who is the owner of Vivo company?

Most success of any venture depends on its enterprising.  Any businessman has to take care of the social, political and natural elements prevailing in it since the establishment of the business.  

Along with this, understanding and dealing with the risks involved in business, its main task is to earn profit.  Then if it is a multinational company like Vivo, then it becomes necessary for their owners and operators to be judgmatic and intelligent.  

The main reason for this is the separate marketing policies in different countries.  Apart from this, the foreign government plays a big role in the business.  In this article we will discuss the owner of Vivo company.

Who is the owner of VIVO -


Who is the owner of Vivo company?

Who is the owner of Vivo company

Under the BBK, there are four major brands of the present time, which maintain their dominance in the world.  Apart from Vivo, these four brands include Oppo, Oneplue and Realme.  BBK is also a Chinese company, headquartered in Dongguan, close to Guangdong.

Duan Yongping is also the founder of Subor Electronics Industry Corporation along with BBK.  He was born on 10 March 1961 in Nanchang, Jiangxi, China.  

He joined Zhejiang University in 1978 to do his Wireless Electronics Engineering.  After this he worked as a teacher in an Education Center of Beijing Radio Tube Factory.  

He did not stop even after that, after this he completed his studies of Econometrics from Renmin University.  He then spent his two years at CEIBS as a student of the Executive Master of Business Administration (EMBA).

Who is the owner of Vivo company
Being a business minded Duan joined a company in 1989, after which he also became its CEO.  After this, in less than 6 years, he started his own business.  

Which he named Subor.  He was its CEO from 1989 to 1995.  Making a profit of 200 Million RMB by starting your own business with the help of only 20 employees is an inspiring story in itself.  

He then abandoned Subor on 28 August 1995 and founded BBK Electronics, whose main product was the DVD player.  With this, after some time it also became known for its telephone, cellphone and Stereo.

Duan is also known for his noble cause.  In 2006 he, along with William Ding Lei, donated US $ 40 Million to Zhejiang University.  

Also in 2007 he spent US $ 620,100 for the Glide Foundation.  Because of his works, he is called "Chinese Buffett".  According to the 2018 Hurun China Rich List, his total income was estimated at $ 1.5 Billion.