Richard Liu Qiangdong is a well-known Chinese businessman and a billionaire who has become famous for launching an online retail company known as jd.com. JD is an e-commerce platform which allows customers to buy and sell their goods at the comfort of their houses. JD.com is one of the most reputable websites for online trading in Asia and the world at large.

 

Richard Liu founded the platform in the year 2004, but the physical company was launched in the year1998. Richard has been serving as the chief executive officer of the company since the time he started and ensured its prosperity.

 

Richard Liu is a Native of Jiangsu Province found in China and was born in the year 1973. He studied his undergraduate studies at the University of China and graduated with a bachelor’s degree in sociology. Later he advanced to postgraduate studies in the international university of China and Europe where he graduated with a master’s degree in computer science and programming. Read This Article for additional information.

 

Richard Liu started his first investment when he was still a university student. He ventured into a restaurant business which later collapsed after some months. When Liu finished his studies, he joined one of the Japanese companies In Hong Kong which used to produce and market health products. He worked with them as a director of companies and business. He later left the company and started his own firm company as JingDong Mall which used to supply Magneto-optical products in 1998.

 

The business was doing well until the year 2003 when its performance dropped due to the severe acute respiratory syndrome outbreak which hit. The explosion forced clients and staff to stay indoors rendering performance of JingDong. Richard Liu came up with a brilliant idea and started an online platform for people to shop even from their homes. He named it JD.com and launched it in 2004. It was indeed the first online trading platform, and this created a concrete foundation for Richard’s success in business. He is known as the pioneer of online shopping and serves as a role model to many young people.

 

See Also: https://vivo.brown.edu/display/rl11