Richard Liu Qiangdong – Raising the Standard Of E-Commerce Industry with Innovative Ideas


In the field of e-commerce, Richard Liu has become truly an icon due to the success he has achieved. The company he started in 1998 with a single small shop in Beijing has gone on to become one of the largest e-commerce companies in the world today with the annual revenue of over $70 billion. is listed for public trading in the New York Stock Exchange.


Richard Liu has helped implement some very innovative and futuristic marketing and management strategies that have helped the company reach out to more customers, expand globally, and ensure the customers are benefited by getting better products at reasonable prices than their counterparts.


Richard Liu Qiangdong was ambitious from the very beginning, and when he was young, he was interested in politics, which is why he studied sociology from the Renmin University in China. Later on, he discovered that to have a successful career, studying business would be fruitful. It is why he joined the China Europe International Business School to complete a Master’s in Business Administration. Along with studying, he used to learn computer science by himself and became fluent with coding and programming. It is what helped him bag a job at a multi-national firm named Japan Life. Get Related Information Here.


The capital he raised from his job at Japan Life helped him start his entrepreneurial journey, and he started a small store in China’s Technology Hub in Beijing, China. It went on to be a huge success and helped him gain enough financial backing to start a dozen more stores. As the business expanded, Richard Liu grew more ambitious, and it is what eventually led him to the world of e-commerce.


Richard wants to automate his warehouses so that the efficiency can be increased and the chances of human error are decreased drastically. It is a piece of good news, not just for the company but also for the people working there. The employees will not have to work hard to earn a salary, and their task will become easier. They will only need to supervise, and it will significantly reduce human error that can sometimes run high.


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