Richard Liu Qiangdong is the CEO of JD.com. He was born in China in 1973. He is an internet entrepreneur and is the head of Jingdong Mall, which is one of the leading ecommerce websites in China.
JD.com has a net worth of $57.6 billion, and it is steadily growing, Richard Liu Qiangdong’s net value is about $11 billion..
Jingdong Mall is an international company, with big names such as Walmart holding shares in the company. It is one of the biggest names in ecommerce in China, and it continues to grow daily.
Liu Qiangdong changed the business model from exclusively technology to a broader variety of goods to suit the needs of the global economy.
One of his more recent investments is in Farfetch. In 2017, it was reported he invested $397 million in the company.
Richard Liu Qiangdong graduated with a degree in sociology from the Renmin University of China in 1996. As a student, he studied freelance coding, which later helped him in publishing his online business.
Richard Liu Qiangdong attended China Europe International Business School and received an Executive MBA. After graduating, he was hired by Japan Life, a health product company. He spent two years working in the company, including with computers and as a business director. Go Here for additional information.
Liu Qiangdong founded Jingdong in Beijing in 1998 after he branched out on his own. The company first sold magneto-optical products. It had expanded to 12 stores by 2003. JD.com was born in 2004 after his brick and mortar stores were forced to close down, and by 2005 he focused on the website as opposed to physical stores.
In 2014, WeChat bought shares and advertised Jingdong prominently. This increased revenue and launched Richard Liu Qiangdong to internet superstardom. Liu’s business is known as one of the examples of success in ecommerce.