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Richard Liu Qiangdong and Jd.com

Posted by eastcoop on

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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Business/Marketing/E-Commerce/JD.com/JINGDONG MALL/Online Store/Online Marketing

JD.com Cares About Mother Earth

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What is JD.com

JD.com or Jingdong Mall is the Largest e-commerce platform in China. JD.com sells just about anything that an individual could want and need. Jingdong is able to reach 99 percent of people who live in China, and that is the reason why it is such a successful company.

Apart from offering a wide variety of items, this company works to keep customers satisfied. Jingdong has a number of warehouses throughout the country, and it is able to deliver items to customers within a relatively short period of time. Customers can place an order, and their shipment may come that very same day. This is what makes Jingdong stand out from its competitors. Go To This Page to learn more.

 

The Bright Idea of Richard Liu

 Richard Liu is the creator of Jingdong. He got the company name from a conglomeration of family member’s names. Liu decided to create the company after having several years of success with his stores. At these his stores, Liu sold a wide range of items. In 2003, Liu was forced to make radical changes in his business operations. There was a SARS outbreak, and it was very possible that Liu’s company was going to lose a great deal of revenue and employees. In order to avoid those issues, Liu decided to close his doors and start selling products online.

 

What Is the SEAL Award

 Jingdong Mall won the 2018 SEAL Business Sustainability Award. The SEAL award is an award that goes to companies that make efforts to work sustainably. This award encourages economic awareness in larger companies This year, JD.com was able to receive this prestigious international award. Jingdong has a recycling initiative that has been able to recycle over 1 million items of clothing and 400,000 toys. Jingdong is dedicated to reducing its carbon footprint, and company leaders are constantly striving to find more innovative ways to work sustainably.

 

Related Reference: https://www.chinainternetwatch.com/tag/jingdong/