Richard Liu Qiangdong is one of China’s most successful entrepreneurs. He has established himself as a well known figure in the international business world as well. Today, Richard Liu runs his own company called JD which is a large retailer based in China. Liu recently came to a forum to talk about his company and his past experiences in business. During the conversation at the forum, Richard Liu provided a lot of information about how he runs his company and how he plans to expand it.
Prior to beginning his career, Richard Liu Qiangdong went to college to receive a higher education. He attended a top university in Beijing and also a top rated international business school. While he was attending college, he started up his first ever business. Richard Liu started a restaurant and ran it for a short period of time. However, he mentioned that the restaurant failed because he never had enough time to oversee it as often as he needed to. As a result, he went on to focus on other career opportunities.
Once he completed college, Richard Liu Qiangdong decided to work in the technology industry. He taught himself computer programming while he was still in college. Richard Liu would use this knowledge to pursue self employment opportunities. For a span of several years, Richard worked as a computer programmer on a contract basis. This gave him valuable experience in the technology field. His experience as a programmer would pay off as he joined a leading company called Japan Life. While he worked at Japan Life, he served as a computing department director.
After working at Japan Life for a few years, Richard Liu Qiangdong would go into entrepreneurship again. He decided to start a retail store that would sell optics products to consumers. Since this business did not offer ecommerce, it would eventually close down. Richard Liu realized that it was important to offer ecommerce so that consumers can buy products more easily. As a result, Richard decided to start another retail business. This retail business would be his current company JD.
With his second business shut down, Richard Liu Qiangdong decided to learn from his latest experience as an entrepreneur. He founded another retail business and named in JD. When the company first started out, it was a very small retail business that sold a few products. However, Richard Liu would build on the selection and offer more products to consumers. Over time, the business would sell more products, make more revenue and begin expanding. With the addition of ecommerce, JD became a very well known and profitable retailer within a few years.
About Richard Liu: en.everybodywiki.com/Richard_Liu