Richard Liu Qiangding is a hugely successful entrepreneur in China. He is of Chinese descent and his success in founding JD.com is what has afforded him his billions. JD.com quickly became China’s number one e-commerce company thanks to the leadership of no other than the founder, Richard Liu, himself. Thanks to Richard Liu, the company is now worth roughly 12 billion US dollars and is estimated to continue its growth. The way this man has taken his e-commerce business to the next level has made him nothing less than a genius when it comes to entrepreneurship. He is business savvy, has great natural intuition, and is flexible so he is willing to change with the times to make sure the company continues to grow.
After Richard Liu graduated from the People’s University of China, he began working immediately for a large natural supplement provider, Japan Life. He honed in his skills from schooling and continued learning from those above him so that he found himself to be the company’s Director of Computers. He was a young, successful male, in the Japanese supplement company, but he was ready to take his life into his own hands. In 1998, Liu Qiangdong found a small Beijing office in the middle of the hub of technology in China. He began building his business by selling magneto-optical products, but put a great deal of his energy into serving his customers the best way he could so their experience was fast and easy.
2003 marked the beginning of Richard Liu’s e-commerce business and he named his first online venture 360Buymwhich demonstrated to customers that they could buy products any time, anywhere. He continued to spend much of his resources towards growing his business and finding ways to make the customer experience better and better.
Before long, more and more vendors began to take notice of the e-commerce business that Liu Qiangdong had founded and realized that the could all profit from working together. Through new partnerships that presented new business openings, the online e-commerce store began selling high-quality goods which led to it being renamed to what it is now known as- the JD.com billion dollar empire.
About Richard Liu: ir.jd.com/richard-liu-jd-ceo-about