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David Zhao

David Zhao

Zhao speaking at Rutgers University

Zhao speaking at Rutgers University

David Zhao (born September 2, 1994) is an entrepreneur, investor, and activist originally from Shanghai, China. He is the one the founder and Managing Partner of NXT Group, an American conglomerate company headquartered in New York City. Its diversified businesses include NXTFactor (full-service digital agency), NXT Local (Food & Dining Franchises such as Chubby Cattle & Meet Fresh Desserts), NXT Estate (Real Estate Investment Portfolio in New York, Nevada, and Indiana), NXT Auto Club (Car Sharing Community) and NXT Capital (VC/MicroCap PE).

David Zhao independently managed digital marketing services for several clients before founding his own eCommerce platform, MoreViews, Inc. (originally moreviews.net) in 2007. Specializing in digital development, marketing and management, David Zhao served on the board of various not-for-profits throughout the years. In 2014, his NYC based digital agency, NXTFactor, created over $15 million in revenue for their clients and partners. In 2018, his food and dining franchises such as Chubby Cattle, Meet Fresh, and Spice World creates over $25 million annual revenue combined. In September 2017, Zhao spoke at the United Nations about how he overcame failure in his life.

Early Life

Zhao was born September 2, 1994, in Shanghai, China. At age 11, he moved to Jericho, New York for his middle school and high school education. At age 14, he created www.moreviews.net to sell social media marketing and search engine optimization services on a free e-Commerce platform to rising entertainers & small business owners. In 4 years of operation, MoreViews generated $180,000 of profit before its acquisition by NXTFactor.

University Activities

At the age of 19, Zhao was accepted into Jerome Fisher Program of The University of Pennsylvania in Philadelphia. Zhao later dropped out of the dual-degree program and transferred to Wharton School of Business in his sophomore year to focus on various ventures. While at the University of Pennsylvania, Zhao co-founded the Ivy Capital Management, a $500,000 student managed fund, that invested into both public markets and local ventures. Zhao also founded a $1.5MM restaurant, Chubby Cattle, in Philadelphia during his school years by raising capital from fellow Penn students.

Family Life

Zhao speaking to a classroom of college students

Zhao speaking to a classroom of college students

Zhao is the only child and his parents reside in Shanghai, China. His father was a small business owner that provided Zhao with the opportunity to move to the U.S. at an early age for an American education.

Past Projects

Zhao founded MoreViews.net in 2009 MoreViews Inc. was a provider of online media promotional services.

Businesses, organizations, entertainers, marketers, agencies and individuals utilize MoreViews's expertise in digital media marketing to promote their online image from their websites to their social networking mediums such as YouTube and Facebook. It won the Top 10 Manhattan Online Marketing Service provider in 2014. It was later acquired by NXTFactor at the end of 2014.

Zhao co-founded End to Cyber Bullying (ETCB) in 2012 to stop people from utilizing technology to harass children and young adults.

These forms of harassment include but are not limited to child pornography, identity theft, and cyber stalking. ETCB is partnered with Google & Miss New York Organization to spread awareness and to educate the public about these issues. In addition, the organization provides support for victims of these forms of abuse.

Zhao also co-founded Stuffay, a social media & eCommerce application for iOS devices in February 2013.

Stuffay allowed enthusiastic consumers to connect with one another, share their favorite products and browse for new and popular trends and consumer experiences.

The application was later removed from the app store in 2014 as Zhao scaled NXTFactor.

Current Projects

NXT Group

Leading a NXT meeting

Leading a NXT meeting

NXT Group is a diversified holding company that specializes in providing investors with high growth and dividend driven investment portfolio.

NXT Group focus on industry agnostic diversification within its portfolio, which allows the company to decrease overall risk and increase synergistic partnerships among the various ventures in the different industries.

Portfolio Companies of NXT Group

Zhao speaking at the United Nations

Zhao speaking at the United Nations

NXTFactor is a NYC digital agency that combine disruptive digital platforms with proven and cutting-edge digital marketing solutions for all of our valued clients.

NXTFactor's wholesale and affiliate partnerships with Google, Amazon Web Services, Yelp, Shopify, PayPal, and Visa / AMEX allow small and medium businesses to benefit from professionally managed digital marketing campaigns at a wholesale price.

Zhao co-founded Chubby Cattle along with his partner, Haibin Yang, in 2016 with the vision to combine the ancient tradition of Hot Pot from Mongolia with innovative conveyor-belt and food delivery technology to create an adventurous and tasty experience for its customers. The asian fusion franchise has then taken off and currently has over 10 locations across the United States in 2018.

NXT Auto Club (www.nxtautoclub.com) provides affordable exotic car memberships to car enthusiasts across the tri-state area in the U.S. Clients enjoy first-class luxuries at lower-than-average prices.

NXT Group manages Spice World (Xiang Tian Xia),a hot pot franchise with over 400 locations in China and 2 locations in the U.S.

Zhao also manages Meet Fresh Las Vegas, which is a dessert franchise, with over 100+ locations across the globe.

References

[1]
Citation Linkywqaugeunhowzrcj.public.blob.vercel-storage.comZhao being interviewed about NXTFactor
Aug 18, 2018, 12:12 AM
[2]
Citation Linkywqaugeunhowzrcj.public.blob.vercel-storage.comZhao speaking at the United Nations
Aug 18, 2018, 12:26 AM
[3]
Citation Linkfacebook.comDavid Zhao on Facebook
Aug 15, 2018, 8:35 PM
[4]
Citation Linkdavid-zhao.comOfficial Website
Aug 15, 2018, 8:36 PM
[5]
Citation Linklinkedin.comDavid Zhao on LinkedIn
Aug 15, 2018, 8:37 PM
[6]
Citation Linktwitter.comDavid Zhao on Twitter
Aug 15, 2018, 8:37 PM
[7]
Citation Linkcrunchbase.comDavid Zhao on CrunchBase
Aug 15, 2018, 8:38 PM
[8]
Citation Linkyoutube.comDavid Zhao Speaking at UN
Aug 15, 2018, 8:40 PM
[9]
Citation Linkinc.com3 Things Your Business Must Do to Remain Competitive (Inc Magazine)
Aug 15, 2018, 8:41 PM
[10]
Citation Linkentrepreneur.comMeet Today's Top Entrepreneurs and Visionaries (Entrepreneur Mag.)
Aug 15, 2018, 8:41 PM
[11]
Citation Linkthevarguy.com3 lessons David Zhao give for SMB Digital Marketing (The VAR Guy)
Aug 15, 2018, 8:41 PM
[12]
Citation Linkdailytargum.comThe Daily Targum (Founder of Manhattan Company shares experience advice with Rutgers’ students)
Aug 15, 2018, 8:42 PM
[13]
Citation Linkhuffingtonpost.comWhat Does Entrepreneurship Mean to the Individual?Ivy Capital Management: A Look into the World of Young Financial Entrepreneurs (Huffington Post)
Aug 15, 2018, 8:44 PM
[14]
Citation Linksvief.orgSVIEF SPEAKER SERIES
Aug 15, 2018, 8:44 PM
[15]
Citation Linkissuu.comCover of White Collar Magazine
Aug 15, 2018, 9:38 PM
[16]
Citation Linkafterschoolapp.comOvercoming Cyberbullying to Fight it Head On: Interview with David Zhao (After School App)
Aug 15, 2018, 9:38 PM
[17]
Citation Linkfinsmes.comAfter School raises $16.4 mln in Series A funding
Aug 15, 2018, 9:39 PM
[18]
Citation Linkpointsoflight.orgPoints of Light Award
Aug 15, 2018, 9:47 PM
[19]
Citation Linkinstagram.comDavid Zhao on Instagram
Aug 15, 2018, 9:48 PM
[20]
Citation Linkywqaugeunhowzrcj.public.blob.vercel-storage.comZhao with friends and Waka Flocka Flame
Aug 17, 2018, 10:09 PM