Richard Liu Qiangdong, The Force Behind The Impressive Performance Of JD.com

Richard Liu Qiangdong is a renowned Chinese business leader and entrepreneur. He is especially famous for his role as the founder of one of the leading Chinese e-commerce retailers, JD.com, which he established in the wake of 2004.

 

Since then, Liu Qiangdong has grown and developed the online retail giant from a humble startup to a global trendsetter in online retailing. Through his remarkable success with JD.com, Richard Liu Qiangdong has earned himself a name as one of the most creative and innovative business people across the globe.

 

The self-made billionaire, who also serves as the Chief Executive officer of JD.com, has successfully created one of the largest business empires with an excess of 100 million active clients serving more than 70 cities across China. Additionally, the company has spread its wings across Asia with activities in Indonesia, Thailand, and Vietnam. JD.com has a current net worth of approximately $12 billion US dollars.

 

Even though Richard Liu is a self-made businessman and entrepreneur, he has had his stint in the business world for quite a long time. Immediately after graduating from The Peoples’ University of China, Richard Liu Qiangdong ventured into the business world as an employee of Japan Life. The company was a large scale provider of health products in Asia.

 

Owing to his innate business ability and agility, Richard Liu propelled the company’s sales to new records, eventually rising through the ranks to become the director of computers. After a two year’s stint at Japan Life, Richard Liu was ripe to venture into the business world on his own.

 

In 1998, Liu established an electro-magneto supplies business in Beijing. The company operated from a single over-the-counter shop, which was located in the city’s business hub. Using his business genius and skills acquired through education and experience, Richard Liu expanded his business from a single shop to a total of twelve more shops located across Beijing by 2003. Visit This Page for related information.

 

However, the outbreak of the SARS virus across China in early 2003 dealt his business a hard blow from which it never recovered. The epidemic forced his clients and employees to remain indoors, thereby bringing all business activities to a halt. Following the collapse of his brick and mortar stores, he established JD.com, which he has now developed into a global empire.

 

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.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *