The Life and Work Story of Richard Liu Qiangdong, Founder of JD.Com

Richard Liu Qiangdong is one entrepreneur with a thrilling success story. Richard Liu is a self-made billionaire and a true entrepreneurial genius which always seemed to show right from an early age. He is the founder and current CEO of JD.com, the leading e-commerce company in China. By 2018, Richard Liu’s net worth was estimated at around $12 billion. JD.com is also currently worth around $57.6 billion. One can say that his business savvy nature, intuition, and flexibility are the pillars of Liu’s empire. JD.com actively serves over 100 million shoppers throughout China, and the number keeps growing. Thanks primarily to his knack for continuously utilizing cutting edge technology to find new solutions to his business’ global economic environment.

Richard Liu Qiangdong was born and grew up in Jiangsu province, in Suqian, China. His parents worked hard to instill the value of hard work in him and the need for proper education. These were all the tools Liu needed to excel in all his future endeavours. He recognized the need to broaden his horizons to be among the competitive candidates in future employment opportunities. Therefore, he taught himself computer coding. In 1996, he graduated with a bachelor’s degree in Sociology from Renmin University, China.

In 1998, he struck out on his own and opened a shop that sold magneto-optical products in Beijing and named it “Jingdong.” By 2003, the business had expanded to 12 stores, and in 2004, JD.com came to existence. Richard Liu Qiangdong’s company sold numerous quality consumer goods and electronics. The rapid growth of JD.com and that of Alibaba coincided which made these two Chinese e-commerce giants great rivals.

The tremendous success of JD.com saw Richard Liu’s vision for the company become a reality in 2014. During this time, JD.com became the first publicly traded China based company on NASDAQ. On the day of JD.com’s IPO, the company’s stock value rose by 15%. It was another highly successful move by the company and Richard Liu Qiangdong. Many impressive shareholders like Google, all wanted a piece of the company.

Richard Liu Qiangdong is the thinktank of one of the largest e-commerce companies in the world. He achieved all his success himself which proves that anything is possible.

Learn More: www.jd.id/richard-liu-jd-ceo-about