Keeping Up With Richard Liu Qiangdong

How Richard Liu Qiangdong Got His Start

Richard Liu Qiangdong is the founder of JD.com. This is a company that sells products online. This company has turned Liu Qiangdong into one of the richest men in China. Liu Qiangdong had a humble upbringing. When it was time for him to decide on a career, he thought that it would be best to work in sociology. Liu Qiangdong found that he was not going to be able to have a fulfilling career in sociology, so he decided to diversify his talents.

He wanted to try his hand at restaurant ownership, so he opened up his own restaurant. Things did not turn out as Liu Qiangdong would have hoped; the company failed within a few months. After going into debt because of the restaurant, Liu Qiangdong started working in management for a Japanese company.

After working at the company for a number of years, he started up his own company selling optical devices. This endeavor was successful, and soon Liu Qiangdong was able to open up stores throughout China. In 2003, there was a bad outbreak of SARS in China; this forced Liu Qiangdong to reevaluate his sales model.

 

What Richard Liu Qiangdong Told Weforum

Recently, weforum.com did an interview with Liu Qiangdong entitled “An Insight, An Idea With Richard Liu”. He talked about the strategy that he used to make his company grow. After Liu Qiangdong realized that he would lose clients and employees because of the SARS outbreak, he decided that he would sell all of his products through an e-commerce platform. That was the idea that helped him to create JD.com. Now JD.com has made him a billionaire. View Related Info Here.

 

More on Liu Qiangdong and JD.com

Liu Qiangdong did not settle for failure, he persevered until he found success. Liu continues to strive for greatness through his commitment to his company and his clients. Liu Qiangdong wants JD.com to be the largest e-commerce company in the world, and with his work ethic and business model, he is sure to find success.

Related Article: https://www.aacsb.edu/about/advocacy-and-awareness/member-challenges/influential-leaders/recipients/richard-qiangdong-liu