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.

 

 

Rakuten and JD.com To Collaborate On Unmanned Solutions in Japan

 

Unmanned deliveries businesses have undergone major transformations in years. One company that has been at the front in delivering such services is Rakuten. They use a variety of devices and applications to make sure that they reach all their customers.

 

Now, their clients have more reason to smile because the company has now entered into a partnership with JD.com, china’s leading retailer to provide better unmanned solutions. The two are the biggest companies in their respective countries and therefore, it is expected that the JD & Rakuten collaboration will market the begging of belter delivery services.

 

Delivery robots and drones

 

Following the new agreement, JD.com will now start developing delivery robots and drones. These are the devices that Rakuten will be suing to reach their customers and therefore, they are expected to come with new, unique features. JD.com has committed to ensuring that the drones meet the needs of modern customers.

 

Because of that, Rakuten will be unveiling a new chapter in their business, and it is something that will lead to ore growth. There are many drones that the company has manufactured. In addition to that, they are the leading providers of delivery robots in Asia. However, they will now be looking for improved solutions because of the rapid changes in the market. Click Here for more information.

 

A few facts about the delivery industry in China

 

The logistics sector in Japan is in the process of completing the last mile and so, they are looking for services that will help them attain their goals. To help them, JD will be counting on their experience so that they can meet the expectations of the people in Japan. The reason they agreed to Partner with Rakuten is because of their vast reach.

 

JD launched their new service that incorporates the use of droned and deliver robots several years ago. The partnership will be the culmination of the implementation of that service.

 

While announcing the signing of the deal, Rakuten said that they were delighted to start a new collaboration with Jingdong. They acknowledged that the company has made major strides in China and their innovations have led to a growth in the retail industry.

 

Visit them  on https://finance.yahoo.com/quote/JD/community/

 

Richard Liu Qiangdong, The founder And CEO Of JD.com

 

Richard Liu Qiangdong is the founder and CEO of JD.com, the leading e-commerce company in China. The company is estimated to be worth over $60 billion as of early 2019. The success of this company comes after many years of hard work and application of unique strategies in its growth. Today, JD.com has over 100 million active customers and is currently rolling out cutting-edge technology that will offer customers a better shopping experience.

Richard Liu was born in Jiangsu province, China in a humble family. His parents owned a coal shipping company and therefore could not afford to give and leave the best life he would have wished for. However, they encouraged him to pursue education and work hard in order to excel in his endeavors. In primary and secondary school, Liu showed his academic might by performing exemplary.

He then joined the People’s University of China where he enrolled for the sociology program. He later graduated with a bachelor’s degree in this program although, in the course of his studies, his interest went more into computer science. Liu is a self-taught computer scientist who at one time was the Director of Companies for Japan Life, a large-scale provider of natural supplements.

Richard Liu Qiangdong left Japan Life in 1998 to start his entrepreneurial journey. He opened a store in Beijing that dealt with computer accessories. In 5 years, he managed to expand the business by opening a total of 12 stores in different parts of Beijing. Leave applied a unique approach in his business by coming up with exemplary customer service, and utilizing technologies that would offer customers a better shopping experience. Although there was competition in this industry, he managed to overcome it by offering high-quality products as opposed to competitors who engage in fake items. Refer to This Article to learn more.

In 2004, Richard Liu Qiangdong closed down then brick-and-mortar outposts to concentrate on e-commerce and business. He found out that by running an e-commerce business, he would reduce overhead costs and increase sales. It is at this juncture that JD.com was from the period for about 15 years now, it has grown into the biggest retailer in China and by extension in the world.

Because of Qiangdong’s success in selling other goods online, Richard Liu Quiangdong has now been ranked by Business of Fashion as a top 500 “Most Influential Person In The Fashion Space”. Fashion is, of course, a $2.4 trillion market on its own.

 

Visit: http://www.jdwl.com/richard-liu-jd-ceo-about

 

How Jingdong Inspired Jd.Com To Be Extraordinary In The World

 

In China, JD.com, which is also popularly known as Jingdong Mall, is one of the vast retailers. Through a statement with its management, the company was happy to work with the government in the inauguration of a drone flight. It was an excellent achievement in Southeast Asia because it would facilitate service delivery among the countries. See This Page for additional information.

Since its pilot was successful in launching the drone, other upcoming pilots would rely on his service to start their machines in the future. For instance, countries in southern Asia and Indonesia would depend on the drone to develop their regulatory measures. The states made the statement during the “World Economic Forum” that discussed several business matters affecting various countries.

The flight of the first drone

The drone took its first flight last month where the journey commenced from Indonesia and completed in the Nurul Falah Elementary school. Throughout the trip, the individuals on board were determined to donate their supplies that JD.com had given them. Even though the company had established itself as a philanthropic organization in the past, many individuals in the community loved the company.

Under the leadership of Jingdong Mall, the company uses excellent technique to improve its logistics network established nationwide. Thus, it would be essential during national disasters since it would grow all the operations of the company. For example, China is usually affected by many earthquakes thus it would combat the disaster through the new measures.

About JD.com company

According to Indonesia, JD.com and JD.ID were the first companies to establish quality commerce in the country. As an excellent partner, the company launched e-commerce operations that were successful. Even though they have created more than twenty million consumers in the country, they are determined to increase the number of productions in the companies.

Conclusion

Moreover, amongst the available seven islands, Jingdong established a logistics network that serves more than ten warehouses. Under the leadership of Jindong, the management serves 483 cities in more than 6500 counties. Besides, since the boundaries of the country exceed the islands, it implements a regular program to administer the drones.

 

Source article: https://global.jd.com/

 

 

 

How Richard Liu Qiangdong Became One Of The Richest Men In China

 

Richard Liu Qiangdong is undeniably one of the wealthiest self-made men in China; Richard Liu is the founder and CEO of JD.com, which is worth roughly $11 billion according to some estimates. As it stands, it’s one of the most successful online businesses on the planet. That being said, he wasn’t born successful or with a lot of money; in fact, growing up his family was quite poor. Having said that, though, Richard Liu Qiangdong managed to get himself through college and earned a degree in sociology from Renmin University in 1996.

 

However, after college he realized that his degree might not lead to a worthwhile job; at least, it wouldn’t lead to a high paying one. Because of that, he began learning computer programming and started working as a freelance coder. He then got am EMBA from the China Europe International Business School. This eventually put him on the track to success; he held several different positions at Japan Life before moving on to found JD.com using his extensive skills in computer programming and business. Liu’s coding skills let him create the website himself, while his EMBA and experience in Japan Life also let him take control over the business side of JD.com.

 

This wasn’t his first attempt at a business, however; he originally started a restaurant, but that failed pretty quickly. Richard Liu Qiangdong learned from this, though; he says that the main decision that led to the failure of the business was that he only dedicated two hours a week to it. He then set up a series of stores named Jingdong, which proved somewhat successful; by 2003 it had 12 locations across China. However, a SARS outbreak made it dangerous to have face to face contact with customers. Click Here to learn more.

 

This led to Richard Liu Qiangdong shuttering each of the locations and deciding to start an online business. This eventually became JD.com. The online company ended up becoming the largest retailer in China, and offers delivery within 20 hours to 97% of customers; it also provides 57% of his customers delivery within 6 hours. As it stands, Richard Liu’s story is one of rags to riches.

 

View source: https://jdcorporateblog.com/about-richard-liu-jd-com-founder/

 

Everything You Need To Know About JD.Com

 

JD.com as one of China’s vast growing online retailer and in as much as the e-commerce has led to more and more convenience for customers, it has also brought about more and more waste products due to increased purchase. The world today in every aspect and field is looking for ways possible to reduce waste by embracing sustainability. JD.com is one of the companies that is also looking for ways to emulate the ways in which e-commerce can continue to thrive but in a sustainable manner

 

One of the ways that JD is embracing sustainability is by reducing waste. JD.com offers options to its customers to return boxes so that they can re-use them to package. The boxes that are used are also biodegradable so as to ensure that consumption is made easy and sustainable. The sealing tape that is used in JD.com is also reduced in thickness so as to reduce the level of consumption and saving more tape for future use. Receipts, invoices and any other forms of records that are kept in the company is done electronically so as to ensure less use of paper and in the end reducing waste.

 

Sustainability in JD.com is promoted by various practices. One of them is by using vehicles that use new energy rather than those that use fuel to reduce the carbon dioxide emissions that pollute the air. JD.com is also working hand in hand with both the manufacturers and its retailers to make sure that the nature of products that are produced are environmentally friendly. The other element is that the company is encouraging the logistics that are already in the company like picking up items from the customers since they are the ones that deliver them.

 

JD.com involves its customers in the sustainability programs by joining groups like UNDP (United Nations Development) which help to deal with pollution and waste management. They also run campaigns and participate in fund drives that promote recycling. By setting an example for others, JD.com believes it can and will change the way people shop and perceive consumption. JD.com believes in a better future that is founded on sustainable consumption. Go Here to learn more.

 

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

 

How Richard Liu Qiangdong Built JD.com Into A $50 Billion Company

 

Richard Liu Qiangdong is Founder and CEO of JD.com, once called Jingdong. JD.com began as a little four-square-meter shop in Beijing that only sold magneto-optical products. Today, JD.com sells billions of different products, mostly involved electronics and technology; products everyone in the world is obsessed with having.

JD.com is China’s second most successful online business behind Alibaba.

Unlike Alibaba, JD.com is expanding into new countries at a mind-bending rate. Liu Qiangdong believes that domestic and international success is built on understanding people from different parts of the world. Every now and again, Liu Qiangdong travels to different countries to give interviews and meet with people from all over the world.

Last year, Liu Qiangdong traveled to Dallas, Texas to give an interview to Davos-Klosters. In the interview, he revealed several personal and business facts that helped shape him as a person and his company.

One of the most interesting facts was about his family. Growing up, Liu Qiangdong wasn’t rich; no one in his family had much money. Most people in that situation grow to become obsessed with success and monetary gain. Though Liu Qiangdong is successful and loves growing his business, Liu loves the business aspect more than the money. The money is just a multibillion-dollar bonus.

When he first moved to the city, he wanted to pursue a career in politics. After earning a degree in sociology, he realized that no career in politics offered enough money. Shortly after he graduated, his grandmother fell ill, so he needed more money to help pay for her treatment. See This Article for additional information.

He learned computer programming and worked as a freelance coder, sending money back to his family while attending the China Europe International Business School. In 1998, he opened the first Jingdong store in Beijing.

By 2003, he had 12 stores and planned to open more. Unfortunately, that year’s SARS outbreak brought his plans crashing down but gave him the opportunity to open an e-commerce business. JD.com was born one year later.

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.

 

More about Richard Liu Qiangdong on https://www.hugessen.com/person/richard-liu

JD.com Brought Hello Kitty To Their 300 Million Customers In China

 

Hello Kitty is one of the most recognizable characters in the world and she has teamed up with JingDong for a unique holiday season promotion that their millions of customers in China got to enjoy. The retailer is the largest in China introduced the promotional partnership in a video that featured one of the world’s favorite cats along with their popular mascot JOY. JD.com is always looking for new ways to improve their customers’ experience and improve upon it.

Through this promotion, customers were given the opportunity to take advantage of a sale that featured many Hello Kitty items throughout a wide range of retailers that are part of JD.com network. The sale included items such as food, clothing, electronics, and a lot more that featured the friendly cat. Some of the items that could be purchased through the promotion were special editions that were only available as part of the event. The limited edition customer favorite included clothing and even gift accessories like boxes that were branded with JOY and Hello Kitty adorned in seasonal attire for the winter holidays. Find More Information Here.

This is not the first big promotion that JD.com has featured that included big character brands like Sanrio. One of their biggest took place around the theatrical release of Justice League by Warner Brothers. This partnership featured interactive features and deals that their millions of customers had the opportunity to take advantage of. Their partnership with the cute brand LINE FRIENDS had a lot of similarities to the Hello Kitty promotion that featured a photo booth in a popular Beijing mall. JD.com has learned that their customers enjoy the different interactive elements that their promotions and platforms have to offer and they are always looking to evolve retail even further.

Overall the promotion between Sanrio and JingDong did very well and customers were able to experience a lot of Hello Kitty for the holidays while purchasing a variety of items from their different retail options. JD.com is wanting to make sure their customers can get what they want from their company when they want it anywhere within the entire country.

 

More about JD.com on https://www.america-retail.com/innovacion/innovacion-jd-com-announces-blockchain-focused-smart-cities-initiative/