Richard Liu Qiangdong is probably one of the most influential and most established individuals in the world of e-commerce and online shopping industry. Richard Liu Qiangdong is the founder and the Chief Executive Officer of JD.com, one of China’s biggest online shopping platforms. Richard Liu Quiangdong’s business did not start out easy, in fact he has one of the most interesting histories when it comes to the rise of his business. Richard Liu Qiangdong has employed modern technology and has used his adaptive capabilities in order to not only remain competitive in the market but also to become one of the superior powers in the industry.
JD.com has proved its superiority in the market – and their numbers in sales, and their advocacies are manifestations of their Chief Executive Officer, Richard Liu Qiangdong. JD.com has garnered a lot of support from big companies that have helped them grow bigger and stronger. Companies like Walmart and Tencent have invested an impressive amount of money to JD.com. JD.com is now valued at over 50 billion dollars, and Richard Liu Qiangdong is also valued at about 11 billion dollars himself.
Richard Liu Qiangdong is not only an excellent entrepreneur and businessman, but he is also an active member of the community and is very sensitive to the needs and pleads of the community. Richard Liu Qiangdong has recently moved JD.com’s packaging systems and shift to a more sustainable option – they have ditched single-use plastic when it comes to packaging and delivering their products.
Richard Liu Qiangdong also knows the struggles of maintaining a physical store, more so gaining valuable profit from it. That is why he is dedicated to helping brick and mortar stores to evolve into the modern age of technology and he is letting them hop onto their online platform. Richard Liu also shares his inventory technology in order for these local and small scale businesses to function better and produce more positive results.
Richard Liu Qiangdong along with JD.com, are now battling it against Alibaba with Jack Ma for the top spot in e-commerce industry in China, and in the world. As for JD.com and Richard, there’s no way but up.
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