Richard Liu – China’s Businessworld Legend

Richard Liu is a Chinese businessman, founder, CEO, and president of JD.com, China’s largest online direct sales company. Richard Liu Qiangdong is also the chairman of the board of directors of JD Mall. In 2014, he was named by Forbes as one of the world’s wealthiest people, with a net worth of $7.2 billion.

Liu Qiangdong was born in Suqian, Jiangsu Province, China, in 1974. He grew up in a low-income family and had to drop out of school at 17 due to financial difficulties. He started his career as a clerk in a local electronics store. In 1998, he founded JD.com with $5,000 in seed money. The company started as an online marketplace for electronics but has since expanded into various other product categories.

Qiangdong achieved early success with JD.com, and by 2003 the company was generating $10 million in annual sales. The company went public on the Nasdaq Stock Exchange in 2014, making Liu a billionaire. In 2015, he was named by Forbes as one of the world’s wealthiest people, with a net worth of $7.2 billion.

From the beginning, he had a vision for JD.com: to build the most customer-centric online shopping experience in China. To achieve this, he has made significant investments in developing JD.com’s logistics network, which now covers over 2,000 cities and counties across China. This extensive infrastructure allows JD.com to offer same-day or next-day delivery to its customers in most areas of the country.

Richard Liu is a self-made billionaire who has built JD.com into one of the largest online retailers in China. He is committed to providing his customers the best possible shopping experience and has made significant investments in developing JD.com’s logistics network to support this goal. Visit this page for related information.

 

Follow his Twitter page on https://twitter.com/liu_qiangdong