Richard Liu is a prominent Chinese digital investor and also the establisher of an e-commerce platform known as Jd.com. Richard Liu Qiangdong was born in 1973 in a poverty-stricken area called Suqian within the Chinese province of Jiangsu. Richard attended the People’s University in China and graduated in 1996 with a sociology degree.
However, he concentrated more on computer programming because the internet was also coming through quickly. Liu Qiangdong later advanced to acquire an EMBA from China Europe International College. Over time, Richard Liu has gained tremendous success and wealth because he transformed an electronic shop into a digital marketplace called JD.com. By 2018, this e-commerce platform became the best of its kind globally.
Richard’s net worth is approximately $12.7B. The store is still surging more stock prices because of robust collaborations with organizations like Google and Walmart. JD.com is comparable to Amazon, the best e-commerce platform in the U.S. Qiangdong’s prominence is characterized similarly to Jeff Bezos.
Liu launched his business called Jingdong in 1998 in Beijing. The venture sold an array of magneto-optical materials like CD ROMs. For the next five years, the store advanced rapidly to launch more outlets in Shanghai and Beijing. However, the SARS pandemic in China curtailed these expansion strategies and affected future Jingdong’s growth.
Richard began developing an interest in digital ventures because internet dependents were rapidly increasing. Therefore, this resulted in JD.com iterations that launched in 2004. The store started selling magneto-optical resources but later ventured into computers, electronics, and mobile devices among other tech products.
In 2007, Richard Liu renamed the store 360buy.com. Six years later, Richard Liu Qiangdong called it JD.com. In China, JD.com ranks among the best B2C digital giants based on revenue and volume. JD has been evolving to become a leading AI distribution and high-tech venture by using robots, drones, and other distinguished technologies. Refer to this article for related information.
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.
Find more information about Richard Liu on http://richardliu.wikidot.com/