Richard Liu Qiangdong and Jd.com

Richard Liu Qiangdong has put together an impressive resume in just a few years. Today Qiangdong has earned a net worth of more than twelve billion dollars working as the founder and CEO of one of the world’s leading online companies JD.com. Qiangdong has built a reputation for being an expert entrepreneur. Today his company has a value of more than sixty billion dollars.

Richard Liu Qiangdong grew up in China. He learned the value of hard work from watching his parents work. Qiangdong went to college at The People’s University of China where he earned a degree in sociology. Qiangdong has always had the desire to be his own boss. While in college he began his own restaurant. The business eventually crashed but taught Qiangdong many valuable lessons. He soon would began his own tech store in Beijing.

For years Richard Liu Qiangdong sold computers at his brick and mortar tech stores. They became known as the technology hub of China. Qiangdong eventually opened twelve different stores. The company was very successful until a SARS outbreak hit China. Concerned about his employees, Qiangdong eventually closed all of his stores. He eventually had the idea of taking products to the customers directly through an online model. In 2004 Jd.com was born.

Jd.com began its growth slowly. Richard believes the company was successful because they earned customers trust. Jd.com did not sell any counterfeit items and provided invoices to show what was being purchased. The company start by selling just a few tech items. With each passing year they added more items. It took nearly six year but they eventually grew to their current status. Today the company employees more than 160,000 people and delivers a range of product to people all over China. Today the provide same day delivery to customers using the world’s largest fleet of drones.

Richard Liu Qiangdong continues to pride himself on bring customers the best possible service. Despite his tremendous success he takes no shortcuts in doing his work. This is a big reason why he is as successful as he is today.

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