Richard Liu Qiangdong is the founder of the retail conglomerate JD. For the last decade he has built JD into one of the most successful retailers in China. His success has enabled him to receive a lot of recognition. Richard Liu attended an annual business forum to discuss the latest developments for his company as well as his previous background. The meeting at the forum was very intriguing as Richard also talked about his family and his educational background. Before Richard Liu Qiangdong started his career in business, he completed a sociology degree as well as a business degree from leading universities in Beijing.
This allowed him to learn about relevant issues that would enable him to become knowledgeable about how the business world worked. While he was still a student, he also looked to develop marketable skills by learning computer programming. After he was finished with these educational programs, he began to work in the technology sector. For a period of several years, Richard Liu was a professional in the computer and technology sector. He worked as a computer programmer on a freelance contract basis. Richard Liu Qiangdong would eventually join Japan Life and work as its director of computing. His career in technology was quite successful but he wanted to pursue his true passion which was entrepreneurship.
The entrepreneurial career of Richard Liu Qiangdong began while he was still a college student. He founded a restaurant which he ran for about one year. Liu said that the restaurant failed within this time period due to him not having the time to run it. However, Richard started up another business after he resigned from Japan Life. His second business was one that sold magneto optics products. Within a year this business shut down because he wasn’t able to sell to customers from remote locations. After shutting down his second business, Richard decided to offer ecommerce with his next business. In 2005, Richard founded JD which he would build into the most successful business of his career. Liu gradually expanded the product selection and geographic presence of the company. Today, it is among the most innovative in the world with drone shipping and ecommerce solutions.