Richard Liu Qiangdong has made a huge impact on the world of online sales. He is currently the founder and CEO of China’s biggest e-commerce compoany JD.com. Richard’s success is rooted in his humble beginnings and years of hard work. Today he is viewed by many as an entrepreneurial genius. His work has earned him a net worth of more than twelve million dollars. Today Richard Qiangdong’s company services more than one hundred million shoppers.
Richard Qiangdong watched his two parent work hard during his childhood. Growing up in China, his parents ran their own family business which they eventually made Qiangdong a part of. During this time Richard learned the importance of hard work and dedication. He used these skills to power his way through college where he earned a degree in Sociology. Outside of the classroom Richard was very active. He ran his own restaurant and taught himself coding during his free time. The lessons and skills he learned from these experiences proved very valuable to the rest of his career.
After college Richard really began focusing on his desire to be his own boss. He opened a tech store in the heart of Beijing. This store sold computers and computer parts. It quickly grew in popularity around the city. The store was successful that Richard was able to open a total of twelve stores over the coming years. This great success came to a screeching halt however when a SARS outbreak hit China.
The SARS outbreak forced Richard Qiangdong to re-think his business. He decided to close all twelve of his stores in hopes of helping his employees. After receiving some advice from a friend, Qiangdong decide he would take a stab at the world of online sales. He began a website called JD.com. The site only focused on selling a few products at first like mobile phones or computers. Each year however Qiangdong would add additional products to the company’s portfolio. In only a few years the company had a wide range of products and had become very successful. Today JD.com is valued at more than sixty billion dollars. The company remains committed to providing the best service possible to all of their customers.
For details: www.forbes.com/companies/jd/#62d9b6464f20