How Richard Liu Qiangdong Started JD.com

When most people look at the biggest companies in the world, they think that they started the same way they look today. They presume that the investors had a lot of money and so, the companies were set up in one day. However, for Richard Liu Qiangdong, things were totally different. He is the owner of the biggest retail company in China, and his company, according to Forbes Magazine, is valued at more than $12 billion, but he went through many situations that most people may not be aware of. If you look at the successful entrepreneur that he is today, it will be hard to imagine that he once was in a difficult situation.

Working in his parent’s companies

Sometime in between his education, Richard Liu had to work in his parent’s company. It was a transport company that had only a few vehicles. The reason he had to work was because the family was poor. The parents were going through too many struggles and so, they could not pay for basic things such as medication. Being the sharp young man that he was, he knew that he had to work so that he could earn some money to help the family. That is how he found himself in a company that was already struggling. Find More Information Here.

Failed businesses

After graduating from University, Richard Liu Qiangdong did not start JD.com right away. Liu Qiangdong says that he had other ideas that he thought would bring in the money that he desperately needs. Because of that, Richard Liu started several companies and worked hard to make them successful. However, he was disappointed too many times with his investments and so, he had to close them. Some of the business sold computer spare parts. The good thing about him is that he kept pressing on with the determination to find a breakthrough one day.

Richard Liu Qiangdong was born in the province of Jiangsu in China. Richard Liu spent most of his time in that time studying. Liu Qiangdong’s height of education was when he joined the People’s Republic of China. Today, Richard Liu is the owner of a business that has diversified into many fields by partnering with the best companies in the world – JD.com.

 

Learn more about Liu on http://corporate.jd.com/richard-liu-jd-ceo-about

 

 

JD.COM Makes Reading Easy For Children

JD.com, otherwise known as Jingdong Mall is the largest retailer in China and being a technology company, it is bringing AR (Augmented Reality) features depicting a book to help teach kids safe interaction with strangers. The book is based on a German book “I’m not going with everyone!” by Dagmar Geisler –popular with Chinese parents. The AR book has four scenarios that tech the possible dangers with strangers and teaches ways to interact with strangers. Both children and parents can use the JD app in the smart devices to access practical situations that fully engage the children

 

Jingdong continues to advance as the technology also continues to rise. The use of AR versions of books is actually making learning to become more and more transformed. Through AR, the books are becoming more interactive and enjoyable eliminating the boredom in reading the traditional paper books. The e-books that are available today have made it easier for people and the children who are fascinated by the technology of today.

 

Missing children is a global issue and despite the fact that its awareness and education has widely been invested on, a lot needs to be done both in China and the world. The total children under 14 years are about 220 million and by applying technology in the welfare and effective learning by Jingdong Mall, are a huge step in trying to solve the issue.

 

According to JD.com’s head of AR /VR, the company is looking forward to collaborating with authors and publishers so as to bring a bright and safe future to the learning of kids. They are also working to market further into the market the AR technologies so that the company partners and customers can have them. See This Page for additional information.

 

Jingdong was among the first in using AR to improve retail business both online and offline. The tools like AR Styling Station and Fitting Room especially designed by JD gives them over 300 million customers in a greatly involving and personalized experiences. In 2018, during the annual 6.18-anniversary sales, 70 % of the total color lenses purchased first employed the AR Styling Station and many customers wanted to really have a taste of how they looked.

 

Additional reference: http://www.dcvelocity.com/articles/20181018-jd-com-unveils-plans-to-study-underground-urban-fulfillment-network/

Richard Liu Qiangdong: Childhood, Entrepreneurship, And JD.com

 

Richard Liu Qiangdong is one of the biggest businessmen in China. Richard Liu Qiangdong is the founder and the current CEO of JD.com, China’s largest e-commerce company that is valued at $12 billion as of early 2018. He is known to be a business savvy man with intuition and flexibility that enabled him to reach success. Today, JD.com is known for its cutting edge technologies in retail, logistics, and innovative technologies.

Born in the town of Suqian in the Jiangsu Province in China, Richard Liu Qiangdong is the son of hard-working coal-shipping parents. Understanding the value of education, his parents encouraged him to take a proper education to become more successful in life and can do his endeavors. He decided to study Sociology in The People’s University of China and earned a Bachelor’s Degree. However, to improve himself and to broaden his skill sets, he learned computer programming during his free time at school.

Richard Liu Qiangdong found his first job in Japan Life, a natural supplement provider where he became the Director of Computers. Realizing that being an employee is not for him, he left Japan Life to begin his own business. Starting up a mortar-and-brick store, he sold magneto-optical products and focused on giving customer satisfaction through good customer service and ease of transaction. In addition, he only sold quality products and avoided counterfeits. Find More Information Here.

After five years of selling, he managed to build 12 branches and named it Jingdong. However, because of the SARS outbreak in 2003, his business almost ceases to exist. Deciding to follow the trend of online shopping, Richard Liu Qiangdong decided to move his operations online and renamed Jingdong as 360Buy Jingdong, selling his magneto-optical products.

When his online platform started to thrive, offline businesses decided to make a partnership with him and use his platform to sell their products. Because of this development, Richard Liu Qiangdong decided to rename the site to JD.com. The products and partnership in JD.com grew and expanded throughout China within the years.

Time passed by with the continuing growth. In 2014, JD realized a new milestone, being the first China-based company to be publicly traded on NASDAQ. Big Tech companies like Google became JD’s shareholders. Now, JD.com held its first ever CES presentation in the latest CES. It just means that JD.com is still growing and taking the world by surprises.

 

Visit his page on http://www.liuqiangdongjd.com/

 

 

 

 

JD.Com and Rakuten Collaborate To Develop Unmanned Delivery Solutions in Japan

 

JD.com ranks as China’s largest online retailer as well as the country’s largest Internet company by revenue. Jingdong, JD.com sets the bar high when looking for the best online shopping experience. Thanks primarily to its commitment to provide its shoppers with quality, authentic, and a vast array of products that cover everything from electronics to fresh food and apparel and even cosmetics.

JD.com has witnessed tremendous growth since its inception and continues to do so. In the coming weeks, the online retailer has set a collaboration with Rakuten Inc. to deploy the first unmanned delivery solution in Japan. Rakuten Inc. boasts being a leading global innovation company in many sectors; mainly e-commerce.

Under this signed agreement between the two giants, JD aims to focus its expertise in developing these unmanned drones and autonomous delivery robots. Rakuten Inc., however, intends to focus more on the drone delivery service operations in the country. The two company’s collaboration, therefore, should work to the benefit of a lot of applications and solutions. JD.com’s current spot as the largest online retailer in China puts it in a great position to make this happen.

The drone delivery solution should work to ensure the shoppers’ fulfilment regarding standard same- or next-day deliveries. With a population of over 1 billion, this project, if successful, can prove to be highly effective. JD.com and Rakuten aim to make this possible and provide the best delivery service levels at unmatched speeds globally.

In 2016, Rakuten launched its first Rakuten Drone delivery service.

Since then, it has gained much-needed experience towards providing the best drone distribution services. That makes Rakuten the best company that Jingdong can partner with. In 2018, the company conducted its first delivery trial which was a success. Click Here to learn more.

Ever since 2015, JD.com has worked on developing the drone program and launched its first commercial drone delivery in 2016. The company currently operates its drones in Shaanxi, Jiangsu, and other provinces. Thanks to the drone project, JD.com managed to log more than 400,000 minutes of its flight time.

Together, JD.com and Rakuten focus on accelerating the development of unmanned drone delivery solutions in Japan. It’s becoming more of a reality now than ever before.

 

Visit them on https://www.jd.ru/

 

JD.COM HELPING BUILD OTHER RETAILERS THROUGH ITS TECHNOLOGY

Companies especially those in retail businesses need to catch up with the evolving technology to stay in the market. Technology is now a core part of any business due to its numerous benefits. Many companies have embraced technology and are using it to improve their businesses. One such company is JD.com which has cemented its platform in the world of retail.

JD.com started as an online retail shop but has expanded through the years to serve a huge part of the population in China. It has many loyal customers since it offers reliable and first services.

JD.com also has authentic commodities that are the best in the market. One way in which Jingdong has embraced technology is by the use of drones to deliver goods to clients. JD.com also owns some retail shops that rely purely on technology to operate as they are unmanned. These shops have cameras and other electronic devices that help them to run.

Now that Jingdong has made a success from the use of technology, it is servicing out its technology to other retailers so that they can also prosper. JD has been a large part of introducing e-commerce to China and other areas thus improving its market. Offline shops are now under pressure to embrace technology to stay on top of the changing retail market. Despite this, offline shops still hold an essential place in the retail market as only about 15% of them are online shops. Technology has improved businesses in many ways through the introduction of the smart supply chain, consumption, and logistics.

In the recent company’s blog “JD Delivery Stations Get Smart Ahead Of CES Debut”, JD has talked about the launch of two smart delivery stations in the cities of Changsha and Hohhot, strengthening the e-commerce giant’s autonomous logistics capabilities.

Smart supply is helping with running businesses smoothly by giving retailers an incite of customer expectations and preferences. It provides all the information on sales from how many items a customer would want to buy to what items are needed in what period. Providing customers with the ideal goods cannot be effective without the use of smart logistics to deliver those products. By use of smart logistics, retailers ensure that products reach consumers as fast as possible through the use of delivery vehicles that follow scheduled roads to avoid traffic. If any business embraces these methods, then they are sure to succeed. Refer to This Article for additional information.

 

Visit their channel on https://www.youtube.com/channel/UCj1O__aZW_05RdTCL8E3kUA

 

JD.com is Delivering The Future Today

In-House Logistics Network for China

JD.com started in 1998 as on offline business, but shortly after a SARS outbreak in 2004 it launched its online business. Since China didn’t have an in-house, logistics program at the time, delivering medicine was difficult. So JD.com developed its own nationwide, in- house logistics network.

Its network can deliver over 90% same day or next day delivery. and serves 99% of China’s population, rural and suburban. Today, JD is China’s largest retailer, on- or offline and the world’s third largest internet company.

Smart Delivery Stations

In China’s cities Changsha and Hohhot, JD.com has launched two smart delivery stations. Utilizing delivery robots and human couriers, they can deliver up to 2,000 packages a day. The robots are autonomous, being able to deliver within a 5 kilometer radius. They can plan routes, avoid obstacles, and even recognize traffic lights. Also set up with facial recognition, they can securely deliver to the correct user.

Boundary less Retail Vision

To allow consumers to buy whatever they want, wherever and whenever they want is “JD’s Boundaryless Retail” vision. Automated warehouses, drones that can real-time problem solve and deliver, and highly trained personnel, China’s Jingdong.com is revolutionizing commerce. Next step is to open its technology up to other companies and industries, allowing consumers everywhere to enjoy the same ease of shopping as China, according to their Retail as a Service strategy. Showcasing their technology at the Consumer Electronics Show furthers this plan.

Consumer Electronics Show

JD launched its two delivery stations just a few days before being set to attend its first Consumer Electronics Show in Las Vegas, Nevada. At its booth, JD.com will showcase the technology already changing the way consumers shop in China. It will show how they use drones to deliver goods and medical supplies to remote areas, and even catch a look at the world’s first fully automated fulfillment center.

At the booth, visitors will be able to try some of the futuristic technology that JD has developed. Drone flights in virtual reality, and augmented reality fitting and styling software. Internet of Things technology which will allow consumers to remotely control their smart devices in their homes, and in their cars. Also available to try is a special exoskeleton worn by staff in their warehouse that makes lifting heavy objects easier. Refer to This Article for related information.

 

View source: https://jdcorporateblog.com/jd-delivery-stations-get-smart-ahead-of-ces-debut/

 

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

Richard Qiangdong Liu, The Chinese Billionaire

 

When you talk of online trading in china then the name Richard Liu Qiangdong cannot be omitted. Richard Liu is the founder and the chief executive officer of JD.com also known as the JingDong Mall. JD.com is the leading e-commerce platform in China and in the world at large. This company was founded in 2003. Liu’s entrepreneurship journey is an inspirational one as he started from the bottom and now he is one of the renowned businessmen in China. He is also a billionaire as per Forbes listing 2019 with net worth of $ 5.3 billion.

Richard Liu was born in 1973 in Suqian, China a province known as Jiangsu. He is a holder of bachelor’s degree in sociology which he got it from Renmin University, China. After completion of his undergraduate studies in 1996, he joined China Europe International School and pursued computer programming and later graduated with an EMBA. See This Article for more information.

Richard Liu started practicing his entrepreneurship skills while he was still a university student. He started by venturing into a restaurant business by investing his little cash which he earned from family loans and his side hustles. Unfortunately, his business collapsed after some months. After Richard Liu Qiangdong completed his studies, he worked with one of Japanese health product enterprise as a director of business and computers. After gaining some working experience, Rich launched his own company, Jing dong mall and served as a supplier of magneto optical products, in 1998.

His business was doing well and he had 12 stores countywide by 2003 when he faced a big challenge as a result of the SARS outbreak. This outbreak forced staff and clients to stay at home and at this juncture Richard Liu had to think outside the box. Since Liu was knowledgeable in the field of computer programming, Liu launched his online retail website in 2004 and this ensured his clients were able to access services and products while they are in their houses. It is in the same year when he launched the JD.Com which is now the leading online trading website in china. Today Richard Liu is the leading entrepreneur in China.

 

Related Article: https://www.scripps.org/physicians/18780-richard-liu?tab=overview

Richard Liu Qiangdong Talks About His Future Plans For The Growth Of His Company Jingdong

 

The world of e-commerce has been expanding at a rapid pace in the last few years, and one of the companies that have been contributing majorly to the transformation that has been taking place in the e-commerce space is JD. The company was started by Richard Liu Qiangdong in the year 2004, even though he started selling products through the physical stores much before that. He achieved a lot of success by selling products through the stores, but due to the situation of the country during the SARS outbreak, Richard was left with very little options to continue with his business strategy. He decided that it is time he took some major business decisions and switched from selling offline to shifting the entire business online.

Thus, JD.com was created, which went on to become a full-category online retail store and sold not only consumer electronics but also other consumer goods. The marketing strategy implemented by Richard at the time helped JD in pushing its rank in the e-commerce industry. Richard Liu Qiangdong studied sociology from the famous People’s University of China and then went on to study business from the reputed Chinese institute named China Europe School of Business. Go To This Page for more information.

Richard Liu Qiangdong always wanted to become a businessman and start a business venture of his own, and it is for this reason he always looked out for business opportunities. The first business venture he started was a restaurant, but it went on to be a failure. However, he didn’t give up and continued to exploit his business skills to unearth new opportunities in the financial world. Today, Liu Qiangdong is amongst the wealthiest Chinese on the planet worth over twelve billion dollars and counting.

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.

Richard Liu Qiangdong is of the opinion that JD has the potential to become number one and he is doing everything in his power to achieve that. But, to be successful, he is not only looking to beat the competition with innovation but also take care of the environment. He is introducing a new packaging system that would help the company save on packaging and also offer incentives to consumers for using such packaging.

 

Visit: http://usa.chinadaily.com.cn/epaper/2017-03/09/content_28492448.htm