The longest journey starts with a single step, goes a Chinese proverb. Richard Liu Qiangdong has demonstrated the truth of this old Chinese proverb through his journey along the business world. As the founder and Chief Executive Officer of JD.com, Liu has created one of the most robust and successful e-commerce retailers in China.
Richard Liu Qiangdong has become one of the most celebrated business personalities in the world. His story of success is a source of inspiration to many who aspire for success in the competitive business world. The self-made billionaire has developed JD.com from a small startup to a large business empire with less than two decades.
Speaking during the recent World Economic Forum meeting in Davos, Richard Liu narrated his life experiences in business to an attentive audience of more than a hundred businessmen and women. According to the visionary business executive, his interest in business developed when he was still in college. The desire to make it big in life dissuaded him from seeking employment as a means of livelihood for his entire life. See This Page for more information.
Therefore, while still studying his Sociology degree at the Renmin University of China, he decided to sharpen his skills in computer coding. He was convinced that superior programming skills would give him an upper hand in setting up own business. To achieve this end, he began doing freelance online programming work. Within a short time, he became an expert at computer coding.
Upon acquiring the required computer skills, Richard Liu Qiangdong decided to seek some knowledge in business management. He consequently joined the China Europe International College, where he attained an EMBA. He joined Japan Life where he worked as a business and computer manager for two years. The short period he worked for Japan life equipped him with skills and experience to start his business.
In 1998, Richard Liu Qiangdong set up a store to sell computer parts in Beijing. Owing to his sharp business acumen, the business quickly expanded to twelve more stores within a short period. In 2003, the SARS outbreak in China led to the collapse of his thriving business
In the wake of 2004, Richard Liu closed down all his twelve stores and moved to online business. Today his online store, JD.com is one of the leading e-commerce retailers in China. The company has also expanded into other parts of Asia.