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Richard Liu Created The Online Market Place In The World

JD.com is a Chinese online retailer founded in 2004 by Richard Liu Qiangdong and has since become the largest e-commerce site. Richard Liu was born into a humble family. They lived in an unsophisticated village, but his desire to enjoy a better life inspired him to work hard.

JD.com’s success is primarily due to Liu Qiangdong’s keen interest in business and ability to take action. In 1998, he started his business by selling computer and electronics accessories. Richard has had other business ventures, including in the health and hospitality industries, but he has yet to make gains. His success was to emerge from e-commerce.

Richard has managed to accrue a few important accolades over the years Richard Liu has been featured as an Honoree in Variety 500 website entitled, “JD.com Richard Liu; Founder / Chairman / CEO”, as a result of his persistence, innovation, and hard work.

JD.com has a wide range of products, like groceries, home goods, clothes, electronics, etc.

Since the he founded of JD.com, the company’s products have exploded in China, and its global presence is also expanding.

JD.com is one of the first online retailers to plunge into crowdsourcing and cloud computing. The company has a supply chain management system that allows different departments’ access live information, enabling better communication and decision-making processes.

To ensure that all products JD.com offers are of high quality, it invests heavily in research and development efforts, hoping to position itself as a leader in the e-commerce industry. To date, JD has established its presence across China with thousands of delivery stations across mainland China and other parts of Asia, making it possible for them to provide 24-hour delivery service anywhere from the largest cities in China, including Beijing and Shanghai.

What makes this company so triumphant? Richard Liu believes that success is built on four pillars: innovation, dedication, honesty, and integrity. Richard envisions becoming one of the top five companies in the world through continuous hard work and innovation. What advice does he have for young entrepreneurs? According to Richard Liu’s success, we learn not to seek fame or fortune but pursue something people need.

Refer to this article on CrunchBase, for more information.


Learn more about Richard Liu on https://finance.yahoo.com/news/richard-liu-propels-jd-q2-210144432.html


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