Ryan Cohen Biography
Ryan Cohen is a Canadian entrepreneur and investor, he is known for being the founder of Chewy an e-commerce company. He also serves as the chairman and CEO of GameStop.
Ryan Cohen Wiki
At 15, Cohen initiated his inaugural entrepreneurial venture by accruing fees through referrals to diverse e-commerce platforms. By the age of 25 in 2011, he established Chewy, originally known as MrChewy. Cohen’s impetus for delving into the pet category stemmed from his interactions while shopping for his poodle, Tylee. Citing his father, Ted, a luminary in the glassware importing sector, as a mentor, Cohen navigated the company’s early trajectory.
Employing Amazon’s paradigms for supply chain and logistics, coupled with the allure of online shopping, Cohen infused Chewy with an unwavering commitment to customer service. This commitment manifested in personalized touches such as handcrafted holiday cards, bespoke pet portraits, and floral tributes for departed pets.
Confronted with a capital deficit, Cohen persevered through rejections from over 100 venture capital entities before securing Chewy’s inaugural external investment of $15 million from Volition Capital in 2013.
In April 2017, PetSmart executed the most substantial e-commerce acquisition in history by acquiring Chewy for a staggering $3.35 billion. The valuation of Chewy was ascribed, in part, to its robust customer relations strategy, epitomized by personalized gestures such as handwritten expressions of gratitude and holiday cards. Notably, nearly one-sixth of the workforce was dedicated to providing round-the-clock customer service, further enhancing the company’s perceived value.
In January 2021, Cohen assumed a pivotal role in the corporate landscape by joining the GameStop board, accompanied by two key executives from Chewy. His appointment extended beyond directorship, as Cohen was entrusted with the chairmanship of a newly-formed committee tasked with orchestrating a comprehensive transformation across the entire organization.
Gamestop
GameStop Corp., headquartered in Grapevine, Texas, stands as a preeminent entity in the realm of American video games, consumer electronics, and gaming merchandise retail. Garnering the status of the largest video game retailer on a global scale, the company’s expansive operations extend across various continents.
As of January 28, 2023, GameStop boasts a substantial network comprising 4,413 stores worldwide. This extensive footprint includes 2,949 establishments in the United States, 216 in Canada, 419 in Australia, and 829 in Europe. Operating under a diverse set of brand names such as GameStop, EB Games, EB Games Australia, Micromania-Zing, ThinkGeek, and Zing Pop Culture, the company caters to a broad spectrum of gaming enthusiasts and consumers across multiple geographic regions.
Ryan Cohen Net worth
Cohen has an estimated net worth of $ 3.4 billion dollars.
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Ryan Cohen Age
Cohen is 38 years old as of 2023.
Ryan Cohen Height
He stands at a height of 5 feet 9 inches tall.
Ryan Cohen Family
Ryan was born to Ted Cohen, his father ran a glassware-importing business.
Ryan Cohen Wife
Cohen is married to his father Candice and they have a child together.
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How Old is Ryan Cohen?
Cohen is 38 years old as of 2023.