Richard Liu Qiangdong – Helping Change The Way E-commerce Companies Does Business

In the world of e-commerce, there are very few companies that have achieved the heights of success that JD has achieved. Richard Liu is the founder of the company, and he founded the company after the retail operation he started failed when entire China was suffering from SARS outbreak. Richard Liu Qiangdong was very ambitious from a very young age, and even though he was in school, he taught himself to learn programming and coding. It is this skill that helped him become a computer programmer at Japan Life, a health supplement firm.

After working for several years at Japan Life, he was even promoted to the post of Director of Computers at Japan Life. Richard Liu studied sociology and also did an MBA from Renmin University and the China Europe International Business School. Richard Liu Qiangdong was interested in the field of politics earlier but later changed his mind towards career options as he realized that the field of politics is not going to help him achieve his financial goals. He even started a restaurant right after coming out of college, but it failed miserably.

Richard Liu finally found success when he opened a physical retail store in Beijing, which gained tremendous success and in a few months became a chain of stores across the country. It is this chain of retail stores that finally became the JD that we know today as Richard had to switch to online retail operations when China suffered from SARS outbreak.

Richard Liu is working towards making Jingdong the best in the world. JD.com is testing new delivery systems to help increase its efficiency. The company is already using drones to make the delivery to rural areas faster. They have built warehouses in multiple parts of the country that eases their delivery system. Every warehouse is digitized which helps in efficiency. Richard Liu Qiangdong also believes in reducing its wastage and is adapting Eco-friendly packaging that no other e-commerce company is doing at the moment. The customers are happy with the move and are enjoying the freebies that come with opting for eco-friendly packaging. Go Here to learn more.

 

View source: https://seekingalpha.com/article/4226658-jd-com-will-richard-liu-deliver-2019