RICHARD LIU QIANGDONG

Mr. Richard Liu was born and brought up by his coal-shipping parents in Suqian, China. His parents valued hard work and education so much, and this made Liu Qiangdong do his best in every activity. At The People’s University of China, Mr. Richard Liu enrolled for a bachelor degree in Sociology. Due to his curiosity to know more, he started learning computer coding and engaged a lot in other computer related activities.

Eventually, Richard Liu graduated from the university and started searching for employment. Richard Liu landed a job at Japan Life, a large-scale natural supplement provider. Taking after his hard-working parents, he did his best to see the company grow at a high rate. Richard Liu’s hard work and passion for computers made him become the Director of Computers in the company. Liu Qiangdong quit Japan Life in 1998.

Mr. Richard Liu then decided to start his own business to see whether he could execute the entrepreneurial skills he learned from the university. In Beijing, he rented a small retail space and named it China’s Technology hub. He ventured into magneto-optical products. Richard Liu put most of his attention on customer service satisfactory by using technology in the best manner possible.

The competition was fierce in the technology market, but that did not hinder Richard Liu from selling only genuine products. This was because most of China vendors sold faux products. His decision of selling original and authentic products was based on gaining loyalty and trust from his customers. Read This Article for related information.

The business was flourishing, and Mr. Richard Liu enjoyed profits and good sales for five years. Unfortunately, SARs broke out all over in China. This affected many businesses including Liu Qiangdong’s Jingdong. He had to restructure his marketing skills and methods due to the changes in the shopping habits of his customers. That’s when he introduced an online shopping company known as JD.com.

Currently, other than being the sole owner, he is also the CEO of JD.com. It is considered as China’s largest e-commerce company. This self-made entrepreneurial success story makes Liu a real entrepreneurial genius.

 

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Richard Liu Qiangdong: Turning Tragedies To Treasure

Richard Liu Qiangdong has one of the most interesting business histories in the world. Richard Liu Qiangdong is the Chief Executive Officer and the Founder of JD.com – one of the biggest e-commerce platforms and online shops not only in China, but all around the world. Richard Liu Qiangdong throughout his academic life and his business ventures, has exuded excellence, tenacity, resiliency and perseverance which makes him as successful as he is today. Richard Liu Qiangdong might as well be one of the best business leaders the world has seen thus far.

Richard Liu Qiangdong did not initially study in a business school – he actually took up Sociology on his tertiary academic years. After which, he took an executive master’s degree in business administration in an international school. Interestingly during all these years that he was getting his formal education, he was self-studying programming on the side, unknowingly a skill that he will greatly utilize in the near future.

Right after finishing his executive degree in business administration, he went on ahead and built his brick and mortar business and sold magneto-optic products to his consumers. From then, he handled 12 brick and mortar stores located around Beijing. Read This Article to learn more.

Business was going fairly well for Richard Liu Qiangdong, until the SARS outbreak happened in 2003. SARS, a viral disease, headed on to end the business of Richard Liu Qiangdong – closing all of his brick and mortar stores. Richard Liu wanted to keep all of his employees and consumers safe from the epidemic – ultimately ending his business. But, this is the time where Richard Liu Qiangdong’s ability to bounce back from a really bad situation was put to the test. Richard then gathered his best minds in the business and tried to maneuver out of the situation – this is where 360buy.com was born, which we will know as Jingdong.com and now JD.com.

This is such a notable event for Richard Liu Qiangdong because he was able to turn a tragedy into a treasure. Richard rose like a phoenix from the ashes and saved his business from the brink of ending and this is an event that should serve as an inspiration to aspiring entrepreneurs.

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.

 

Related Reference: https://www.therichest.com/celebnetworth/celebrity-business/men/liu-qiangdong-net-worth/

 

 

Meet Richard Liu Qiangdong: The Founder Of JD.Com

 

Richard Liu Qiangdong is a well-known businessman. Besides being the founder, he is also the Chief Executive Officer of the company called JD.com. JD.com is one of the biggest e-commerce platforms in China. Currently, this well-known company has worthiness of approximately $57.6 billion. Richard Liu Qiangdong, the founder of this firm, has a net worth of about $11 billion.

Walmart, a well-known shareholder at JD.com, owns 12 percent of the company’s shares. Rumors have it that JD.com has invested about $397 million in the Farfetch. The good thing is that each of the parties will benefit immensely from the partnership. Richard Liu Qiangdong, commonly referred to as Liu Qiangdong has done everything possible to make sure that the JD.com does not only prosper, but it also gets into its dreams.

Richard Liu Qiangdong is not just a successful businessman. He is also a learned fellow. He has a sociology degree from China’s Renmin University. He graduated from this great institution in the year 1996. Although he was a student of sociology, his passion was in the computer. He actually spent most of his time improving his computer programming skills. Also, he holds an EMBA from the well-known China Europe International Business School.

Richard Liu Qiangdong got a job at Japan Life immediately after his graduation. Here, he held various tasks including working as a director for computers as well as a director for business. In the year 1998, this focused man realized that he would make much money if he started his business. Therefore, he chose to start his own company in Beijing. He worked hard to ensure his business succeeds. In the year 2003, his business was doing so well that it had expanded to a level of having twelve stores. See This Page for additional information.

After some time, Richard Liu Qiangdong would do much better if he started an online business. He thought that doing online business would bring him more money than the physical business. This is how the JD.com came about. In the year 2005, Liu decided to close down all his stores in order to concentrate on e-commerce. The company has been expanding steadily because of his dedication and commitment. In general terms, Richard Liu Qiangdong is a talented and hardworking man.

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.

 

Learn more about Richard on https://www.therichest.com/celebnetworth/celebrity-business/men/liu-qiangdong-net-worth/

Richard Liu Qiangdong, From A Humble Beginning To Great Success In Business

 

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.

 

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