Richard Qiangdong Liu The CEO And Chairperson JD.com Largest Retailer In China

Richard Liu is a prominent entrepreneur known by many words he is also known as Liu Qiangdong. He is a graduate of the Prestigious Renmin University of China where he left in 1996 to enroll in China Europe International Business Scholl to follow his degree in sociology with EMBA.

 

During his leisure time, Richard Liu Qiangdong spent most of his time on the computer enhancing his programming skills; he also got money from writing freelance coding work. Before graduation, Richard Liu had started a restaurant that didn’t work out very well as there was limited time to manage the business. A health product company employed him for Japan Life as he had tones of experience with the computers.

 

IN 1998, Richard Qiangdong Liu launched his own business selling Magneto-optical products based in Beijing. This business had a brand name Jingdong formulated from the last name of Richard Liu and that of his first girlfriend. The firm was a success; he even established 12 stores across the country selling the same products. Both customers and employees were forced to stay at home to avoid being infected with SARS. This condition did not limit Richard Liu Qiangdong to continue being inventive; he launched JD.com company that handled its sales online. The company started a small retail business selling only IT: Digital and mobile products.

 

In an article on AACSB.edu, Liu was listed as one of the “Most Influential Leaders”. As a testament to Liu’s admirable business practices, he has received numerous national and international awards for his entrepreneurship, business influence, innovation, and leadership.

 

In six years JD.com had introduced over one million variety products in the logistic centers. Richard Qiangdong Liu is mainly concerned with the quality of the products and the services rendered to the clients. In 2014, Richard Qiangdong Liu agreed with WeChat company owner to own a 15% stake in JD.com worth $215 million and return to work tremendously increased the number of active users for JD.com. See This Page to learn more.

 

Currently, JD.com has more than 60 billion market worth and more than 47,000 employees. Richard Liu is determined to expand the reach of the company by forming joint ventures with other local investors and purchasing the best products from different continents. He also works very closely with the employees often holding meetings to come up with new marketing strategies. The meetings are held through email platform for the company.

 

More about Richard Liu Qiangdong on http://usa.chinadaily.com.cn/epaper/2017-03/09/content_28492448.htm

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