Richard Liu Qiangdong also referred to as Richard Liu is a Chinese entrepreneur and founder of JD.com or as known by many as JingDong Mall, the largest retail store in China. He studied at the Universe of Renmin in Beijing, China and graduated with a degree in sociology in the year 1996. He ventured mostly in business despite studying sociology.
Richard Liu’s first involvement into business started with a restaurant project, which failed after some few months. He later moved into trading health products. The health trade business never succeeded, and in 1998, he ventured into computer business selling spares and other accessories.
Richard Liu Qiangdong’s computer business grew fast and steadily developing into 12 stores in China. But in 2003, the market was affected by an epidemic that stroke China, causing deterioration of his customers. With such, Richard Liu together with his 12 stores manager came up with online shopping and delivery to clients whenever they are anywhere in China. In 2004, Jingdong Mall was established and grew into the largest retail store in China serving clients globally.
According to Richard Liu, JD.com has over 1 billion different products and over one hundred and sixty thousand employees. The firm started from a small IT product online retail business offering local deliveries into a megastore with millions of different products shipping to hundreds of countries worldwide. According to Richard Liu Qiangdong interview in Dallas, TX, Jingdong is the largest and more reliable business compared to other competitive stores.
His primary goal is to expand the business into Europe, America, and Southeast Asia and to introduce new goods to the e-commerce occupation worldwide. Richard Liu also aims at opening different stores in other regions in the world bringing in good quality products and improving deliveries by minimizing the period of product delivery to customers mostly China.
Personal Life and Other Ventures
Richard Liu Qiangdong got married with two children and two sisters, one being a teacher and another being student. He also loves touring deserts having toured all deserts in China, swimming and walking fast as being his doings during free time. He also likes working on donations for disadvantaged groups. Go Here for related Information.