Tag Archives: Business Leader

Richard Liu Qiangdong Contributions and Passion

Richard Liu was born in China in a humble family that had invested in transportation. He was devoted to helping them run the business before enrolling to the University of China to study sociology. In the third year, Richard Liu started a restaurant that did not do very well due to the lack of adequate time to manage the business. Richard Liu Qiangdong later enrolled at the China Europe International School where he specialized in EMBA. After graduation, he was employed at Japan life international company as a director. The contract at the company was valid for two years. Richard Liu Qiangdong decided to venture into the entrepreneurship sector.

At that time he did not have enough money to run Jingdong Company selling magneto-optical. He ensured that with the profit from the company he would use it to add stock; after six years Richard Liu had expanded his business into 12 stores. In 2003, Richard Liu sent his workers at home to avoid being hit by SARS; he gave them some supplies to sustain their stay at home. With the help of one of the managers, Richard Liu Qiangdong launched J.D.com an online selling company. J.D.com deals with fashion, electronics, and consumer goods. It has a market value of about $57 billion and more than 167, 000 employees devoted to helping every client. Richard Liu is in the front line to expand the company by establishing joint ventures with local investors from other parts of the world and purchase other businesses.

Richard Liu is the CEO of J.D.com hence most of the time he is involved with the running of the company, technology, and various innovations. Richard Liu has manifested remarkable leadership skills in the company by trusting his employees and giving them an opportunity to implement new ideas that contribute to the growth of the company. Richard Liu Qiangdong is a father of two a son and daughter; he kept them motivated and inspired to realize their dreams which he is ready to support. In addition, Richard Liu is a philanthropist as he funds many charitable organizations as well as the under-served members of the community.