Richard Liu Qiangdong leads a $12 billion e-commerce company called JD.com. The parents of Richard Liu were coal-shippers, and what he learned from them was to work hard. He also understood that wanted him to receive an education. Richard Liu Qiangdong earned a degree at the Peoples’ University of China, but his interest in computer science would help him in a career at Japan Life, a natural supplement company. In 1998, it would be the storefront called Jingdong that would change his professional life.
Richard Liu Qiangdong would have two name changes in his business along with a switch to an online presence. Much of the change happened because of the outbreak of disease and shopping habits changed. Richard Liu had many businesses follow his lead by creating their own online presence, but instead of viewing them as competition, Richard Liu looked at a few of the businesses as potential partners.
He would form a few partnerships and settle on the new name of the business that was JD.com. JD.com will continue to sell good quality consumer goods. JD.com would begin to sell more luxury items and had products that are used daily. JD.com would utilize technology to improve shipping. Richard Liu led JD.com to utilize drones that allow the company to provide same-day and next-day shipping to customers. JD.com still attempts to deliver to customers who live remotely.
The leadership of Richard Liu Qiangdong would help JD.com have a very successful initial public offering (IPO) in 2014. It would become the first company with operations out of China to be listed on the NASDAQ stock exchange. JD.com would increase in value by 15 percent. Go Here for additional information.
JD.com has been able to form a partnership with Walmart, and Google has made investments in the company. Richard Liu expects to expand to a location such as Thailand and Europe. Richard Liu Qiangdong manages the daily operation and utilizes technology to help JD.com.
Source article: https://jingdaily.com/tag/liu-qiangdong/