For Richard Liu Qiangdong Third Time Was The Charm

If at first you don’t succeed try again is an adequate slogan for Richard Liu Qiangdong. The founder and CEO for online mega retailer JD.com hit a few bumps before e-commerce came calling. Born in the Jiangsu province Liu Qiangdong had a simple upbringing. He attended the People’s University of China and earned a Bachelor’s degree in sociology. Seeing the future influence of technology Qiangdong also began teaching himself coding at this time. He went to work for his first employer, Japan Life, right out of college.

 

Richard Liu soon left Japan Life and begin trying his hand at being an entrepreneur. His first outing was a restaurant business but that failed. He then went back into the health supplement market. Finding no real success there Qiangdong finally decided to go back to the world of computers. As he had self-taught computer science in college it was not unfamiliar territory. So Richard Liu Qiangdong started selling computer parts out of a storefront in 1998.

 

Here Richard Liu found success and the store quickly became a chain selling computer parts and optics. Jingdong did pretty well for itself until the SARS outbreak hit and drove people inside. It was here that Liu Qiangdong decided to take his business online. Click Here to visit his online store.

 

By 2016, Jingdong which eventually became known as JD.com, was an e-commerce giant with a net revenues of $37 billion dollars, according to Forbes Magazine. Today, led by Richard Liu, JD.com is a major e-commerce presence in Asia and Europe. It is worth billions of dollars and sells all manner of products. Richard Liu Qiangdong is a virtual celebrity, a respected businessman, and a forward-thinking innovator.

 

Richard Liu is a huge believer in advancing technology. This is why JD.com is a pioneer in so many different fields. It is a proponent of commercial drone usage. It was at the forefront of blockchain software. It also uses advanced robots in its warehouses and is currently working on self-driving trucks. It is also an innovator in the business spectrum as well. JD.com invests in smaller companies and makes its experience and infrastructure available to other businesses.

 

See also: http://richardliu.wikidot.com/

 

Leave a Reply

Your email address will not be published.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