Richard Liu Qiangdong: A Force To Reckon With

Richard Liu is an international figure famously appreciated for his prowess in pioneering investments. Most people know him courtesy of JD.com, one of the leading e-commerce platforms in China. Richard Liu, whom Forbes reports to have a net value of $1 billion, serves as the Chief Executive Officer of JD.com. The remarkable success of the reputable online bazaar is attributed to the able CEO. Liu is a real influencer and an achiever who has stirred the firm to its current status. Go Here for related Information.

 

Richard Liu Qiangdong pursued a degree in sociology from the Renmin University of China. This was back in 1996 when Richard Liu had a great interest in computer programming. Liu honed his programming expertise through freelance coding jobs, and this gave his career a significant value. The business magnate enrolled at China Europe International Business School for an EMBA, after which he assumed office at Japan Life.

 

Impressive Accomplishments Of Richard Liu Qiangdong

 

At Japan Life, Liu Qiangdong served as a Director for both business and computers amidst other influential roles. The go-getter in him inspired his opening of an optical products shop in Beijing, which he named “Jingdong.” The venture developed rapidly such that by 2003 it had more than 12 stores. Unfortunately, SARS outbreak jeopardized Jingdong’s potential because both customers and staffs alike had to be home-bound. This challenge got Richard Liu thinking beyond brick and mortar. The SARS epidemic was a blessing in disguise to Richard Liu Qiangdong.

 

In 2004, JD.com was conceived, and it only took one year to have all the 12 physical stores closed. Richard Liu decided to focus all his attention on the online platform, which he used as an avenue to sell out an array of high-quality consumer products. JD.com is growing at a rapid rate like Alibaba, and rivalry between the two e-commerce moguls is imminent. Mouthwatering deals have been coming JD.com’s way, among them being Tencent of WeChat acquiring a 15% stake for $215 million. Richard Liu’s dominant and aggressive personality has made him an internet icon in China and beyond.

 

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 Liu on https://www.crunchbase.com/person/qiangdong-liu