Richard Liu Qiangdong is JD.com founder, chairman, and CEO. Liu Qiangdong is a firm believer in honesty and integrity, which enabled him to move the company from a humble start to the third largest.
Liu’s Early Life
Liu was born in the 1970s in a small village in a rural lacking the modern-day infrastructure in other parts of the country. He joined Renmin University – the People’s University of China Beijing, graduating with a degree in sociology. In addition, Liu learned computer programming by himself while still in the university.
Entrepreneurship
On June 18th, 1998, Liu bought inventory and rented a 4-square-meter booth worth 12,000 yuan among the technological bazaars in Zhongguancun. Qiangdong named the company Jingdong which later became JD.com. The SARS epidemic’s devastating effect made Liu move his company online using the burgeoning e-commerce industry.
JD.com
He launched JD.com at the beginning of 2004. He worked tirelessly to transform JD.com into a premiere e-commerce service. In addition, Liu preferred to spend the night in his office rather than renting a house to save money. This move enabled him to interact with his customers by answering all their inquiries.
In addition, in 2007, Liu took all his logistics network for the e-commerce site in-house. The move has propelled the company’s atmospheric rise, making it possible for 90% of its carriages to reach the same day, if not the next day.
Richard Liu has a good reputation for his work on JD.com and the online e-commerce industry in China. In addition, he has won the 2011 China Economic Person of the Year award, among others. Liu’s quality of service distinguished him from his competitors.
Richard has managed to accrue a few important accolades over the years Richard Liu has been featured as an Honoree in Variety 500 website entitled, “JD.com Richard Liu; Founder / Chairman / CEO”, as a result of his persistence, innovation, and hard work.
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More about Richard Liu on https://finance.yahoo.com/news/richard-liu-propels-jd-q2-210144432.html
