The Detailed Journey Of JD.Com Under The Leadership Of Richard Liu Qiangdong

 

All through his life, Richard Liu Qiangdong aspired to be a politician. Having been born in a well-up family in China in 1973, he was lucky to be nurtured and brought up in an environment where he would get all the support that he needed from his family.

An interview called “An Insight, An Idea” sits down with Richard Liu to discuss his career and how he has transformed the retail industry. His company JD.com is now one of the largest retailers in all of China and it has been very successful.

His parents were reputable business people who operated the coal business all over China. With the aim of following his dreams, Richard Liu Qiangdong was taken to the People’s University of China, an institution that was renowned for producing the best politicians in China and internationally. This was where he would study politics and Sociology in the quest for his dream of becoming one of the political gurus in the country.

After finishing school in 1996, he got out and started the usual job for most of the school leavers, tarmacking. He did the “job” for more than a year and decided that he would not wait any longer to get employed. He decided that he would start a business, which he would run as he waited for better fortunes to come his way. While in the university, Richard Liu had learned some skills in computer programming. He had been using the skills to earn some money to survive while at school, and from that, he had also made some savings. View Related Info Here.

Using the savings and some loan that he borrowed from his family, Richard Liu established a restaurant in Beijing. The business went on for a while, and before long, it collapsed. This was a massive blow to the young man, but he never despaired. In 1998, he started another business, which required more of the computer programming skills that he had learned while on campus. He began the JingDong, an organization that would be assisting clients with tech issues, and also supplying computer software and hardware.

Within a short period, JingDong had grown into a vast enterprise, expanding by opening branches in various locations, both in and out of Beijing. Richard Liu Qiangdong decided that to enhance his services to the customers of the firm, and also to expand more effectively, he would transform JingDong into an online entity. He named it JD.Com.

Visit Liu on https://www.crunchbase.com/person/richard-liu-e9b4

 

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