The Story Of Richard Liu Qiangdong

One of the leading ecommerce websites in China, JD.com, is the brainchild of Richard Liu Qiangdong. The company is estimated to be worth $12 billion and serves more than 100 million customers spread across the globe. However, the company did not start as big as it is today.

In fact, you will be surprised to find out that there was a time when it was not known outside a small town in China. JD’s growth is one of the biggest entrepreneurship stories of all times, thanks to the Chief Executive Officer, Richard Liu.

How he rose through education

When growing up in the province of Jiangsu in China, Richard Liu Qiangdong was encouraged by his parents who were coal workers to go after his dreams. They wanted him to be hard working in hos academics as well as in things outside the academic circles. He took their advice and therefore, after going through school, he was enrolled at the prestigious People’s University of China. He continued with his hard work while there and upon graduation, his determination saw him seek courses in Computer science and computer coding. He was laying the foundation for a career that would see him own one of the biggest companies in China.

How he transitioned from employment to entrepreneurship

Richard Liu did not go straight to business when he graduated from university. He chose to go into employment by working for Japan Life, a company that was selling natural supplements on a large scale basis. It is through this company that he gained skills after being promoted to head the computers department.

Liu Qiangdong’s passion to go into business could not allow him to keep working anymore and therefore, he moved to start his own company that was selling magneto-optical products. This company was neither online based nor multi-billion because it operated from an office in a local town.

Things changed for the better when Richard Liu Qiangdong was approached by several leading companies who wanted to be associated with him after noting the rapid growth of his company after taking it online. He got contracts to list more products and that is how he created his business empire named JD.com. See This Page for related information.

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.

 

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

 

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