Richard Liu Qiangdong, the Founder of J.D.com

February 13, 2019

Richard Liu is a devoted husband to Zhang Zetian and father to both a son and daughter. He is a billionaire in Living in China. Richard Liu Qiangdong has earned about US$12 billion through hard work and devotion as the CEO of J.D.com. This company is the largest retail business in China selling electronics, consumer goods and fashion for both men and women. He joined the entrepreneurial sector in 1998 after working for two years in Japan Life international company. Richard Liu has previously started a restaurant while still in the University but since he did not have enough time to manage the business it collapsed. Richard Liu did not give up he started selling computer parts, and within six years Jingdong company developed launching 12 stores across China.

In 2003, there was a SARS outbreak in various parts of the world including China hence Richard Liu was forced by circumstances to send his employees at home to avoid being hit. Most customers also stayed at home; therefore, the sales for Jingdong Company stated decreasing. Richard Liu Qiangdong founded the J.D.com website to sell goods online. Over the years the company has employed thousands of employees to ensure that they serve clients at the individual level and establish close relations. Richard Liu has aligned with various companies including WeChat and Walmart to share resources and help a wide range of the market.

There is stiff competition from Alibaba, but Richard Liu is determined to ensure that his company is nothing less but number one across the globe. According to Richard Liu, all that is needed for expansion of J.D.com is market evaluation; he has set resources to form joint ventures and form mergers to ensure that the company is in every continent. Richard Liu as an entrepreneur he understands that customer is the backbone of any business; he has therefore set policies to ensure that the customer’s interest and needs are addressed. Richard Liu has also funded many charitable organizations to ensure that needy people get an education. Richard Liu hobby is spending some time alone in the desert, and walking to keep fit and relieve stress. Learn More.