Richard Liu Qiangdong is the founder, chairman, and CEO of JD.com, the biggest e-commerce company in China. The company is currently estimated to be worth over $12 billion as of early 2018. Currently, Liu suggests that it could be worth over $60 billion. Liu Qiangdong is a self-made a billionaire and a successful businessman. His success story shows a business genius who exploited opportunities to create a globally recognized company. Currently, the company serves over 100 million active customers and utilizes advanced technologies to come up with new solutions that will boost the accessibility of products by the customers.
Richard Liu Qiangdong was born in Jiangsu province of China. In his early life just like many other families, his parents struggled to earn means of livelihood. His parents had a small coal-shipping business that could not meet all the family’s needs. However, they instilled the value of hard work in their son, encouraged him to pursue education and take up opportunities that could change his life completely. Richard Liu attended a sociology program at the People’s University of China and graduated with a bachelor’s degree. While in the university, Richard Liu recognized that he needed to do something expand his opportunities of earning a great employment opportunity. He studied computer programming and other disciplines related to computer science.
After graduating from university, Richard Liu was quick to join the business world. He was employed by Japan Life, a large-scale provider of natural supplements. He used the skills he had gained in school to explore opportunities in this company. He was able to rise to the position of the company’s Director of Computers due to his impressive work performance. In 1998, Richard Liu Qiangdong left Japan Life to pursue his personal entrepreneurial calling. This marked the beginning of a journey that would see him set up a multi-billion business venture. Richard Liu started by creating a small retail shop known as China’s technology hub. He specialized in selling digital products while at the same time offering exemplary customer service, making it easy for customers to transact and helping them understand how to utilize technology. Although there were other competitive adventures, he managed to outperform them by offering customers better services.