Richard Liu Qiangdong is a highly prolific businessman in China who plays a vital role in e-commerce businesses. He is the founder and the chief executive officer of JingDong Mall also known as JD.com. JD.COM is the leading e-commerce platform in the world which allows customers from China mainly to purchase goods and products from the comfort of their homes. The company has a good reputation in China and the Asia continent at large. It was launched in the year 2004.
Before launching the platform, Richard Liu used to possess a physical mall known as JingDong Mall whose initial name was 360buy. The mall was founded back in 1998 where he used to sell and supply magneto-optical products. Richard Liu is a highly skilled and professional person with a bachelor’s degree in sociology and master’s degree in computer programming. He received the bachelor’s degree from the University of China and the master’s degree from the international university of Europe and China.
He is well known in China as the pioneer of online shopping. Liu started practicing business while he was still a university student and he began by starting by a restaurant venture which collapsed a few months after its establishment. He then left the business and started working after completing his studies with one Japanese health product company as a director of business and computers. See This Page for additional information.
After working with the company for some years, chard Liu started his own business, and he opened the Jing dong mall. His business was thriving and performing excellently until the year 2003 when it recorded poor performance and as result losses. This was due to the SARS outbreak which had affected the country that year. The outbreak forced clients and staff to stay indoors, and this forced Rich Liu to think outside the brackets.
In the year 2003, Richard Liu designed a website from which the customers could buy their items at the comfort of their houses and get delivered. In 2004, Liu entirely transformed his business into an online one and called it JD.com. It was the first platform for conducting online shopping.