Liu Qiangdong’s Life And How JD.Com Came Into Existence

Liu Qiangdong, founder and CEO of JD.com, China’s leading online retailing company, is estimated to be worth about $12 billion. The successes and life story of Liu Qiangdong makes him an entrepreneurial genius. His flexibility, intuition, business savviness, and other quality traits parlay him into an empire that currently serves over 100 million online shoppers. As such, Liu also aims to continuously utilize cutting-edge technology to provide innovative solutions for a more global economic environment.

Born in Jiangsu province, China, in Suqian town, Liu’s early life and journey to success began at an early age. His coal-shipping parents worked hard to ensure they instilled the value of proper education and hard work to their son. It is from his parents’ teachings that Liu Qiangdong managed to excel in all his endeavors. Liu’s tremendous successes result from his rigorous educational background. In his efforts of being among the competitive candidates for future employment opportunities, Liu taught himself computer coding. During this time, he engaged himself in self-study related more to computer science.

After graduation from University, Liu’s first employer was Japan Life. Here, he parlayed all his skills to garner every growth opportunity he could. Liu Qiangdong was hugely successful in his work to the point that he became the Director of Computers of the company. Liu, however, left Japan Life in 1998 to pursue his entrepreneurial calling. The venture would eventually be a multi-billion-dollar valuation.

Liu Qiangdong tried different ventures before finally iterating in the online business. And 360Buy Jingdong was born. Being an entirely new environment for him, Liu’s education helped him get a better feel of how to service online shoppers. He worked on ensuring he provided the best shipping options to his shoppers. This helped to ensure that he provided his shoppers with their ordered products swiftly. See This Page for additional information.

Liu Qiangdong would later rename 360Buy into JD.com where he strived to provide online shoppers with high-end luxury products. Most of which were not available even within China’s online marketplace. Liu has, so far, worked to try and resolve the shipping problem that plagues many competitive companies. And that’s what helps keep JD.com on top of the competition. Today, JD.com uses the world’s largest drone fleet to provide the same- or next-day delivery services. All this has been made possible thanks to one man, Liu Qiangdong.

Source article: http://www.liuqiangdongjd.com/

 

 

Richard Liu Qiangdong Career

 

Richard Liu is from a humble background; his family runs a transportation business. Richard Liu Qiangdong Despite the challenges to join Higher Education Institution he managed to pursue his dream. He spent most of the time on the computer enhancing the programming skills that would earn him job employment soon.

 

Richard Liu studied Bachelor of Sociology and later EMBA from the University of China and China Europe International Business School respectively. After graduating, Richard Liu signed a two-year contract at Japan Life Company. He served as the director for logistics, business, and computers. While in Japan Life company Richard Liu Qiangdong earned skills and knowledge that contributed to him venturing into the entrepreneurial sector.

 

In 1998, Richard Liu opened Jingdong business based in Zhongguancun High-tech Industrial park of Beijing. Jingdong business specialized with the distribution of magneto-optical products. Liu Qiangdong was devoted to ensuring that the market grew rapidly and expanded its reach. After six years the company had established about 12 stores serving a wide range of clients with original, high- quality products.

 

The company had employed many employees who worked hard to ensure that the customers received top standard services and products. In 2003, there was an outbreak of SARS that forced people to stay at home. Richard Liu feared for his staff; thus he gave them some supplies and sent them home to avoid being infected. Richard Liu together with one of the managers decided to formulate a new solution that would satisfy the needs of the customers, and the business would grow. Visit This Page for related information.

 

Richard Liu founded JD.com which is an online platform to sell high-quality products of different types. JD.com has a net worth of more than US$10 billion and has employed thousands of employees to serve a wide range of customers. Richard Liu Qiangdong is always on the front line to ensure that the company becomes number one across the globe. He has set up plans to form joint ventures as well as purchase other business in Europe, Asia, the US among other areas to expand its reach. The company has also adopted modern technology to distribute the goods efficiently.

 

 

Source article: https://www.therichest.com/celebnetworth/celebrity-business/men/liu-qiangdong-net-worth/

Richard Liu Qiangdong Shows No Signs Of Slowing Down

Since its launch in 2004, Chairman and CEO of JD.com, Richard Liu has played an integral role in growing the company into one of the foremost e-commerce entities in all of China. Today, JD.com is estimated to be valued at nearly $60 billion, while Richard Liu’s own net worth is estimated to be $11 billion. He is a graduate of the Renmin University of China, where he earned a degree in sociology.

 

During this time, while taking about two hours a week of course work, he began setting the foundation for what would eventually become the Jingdong empire. Beginning with a single brick-and-mortar store that exclusively sold electronics, his rapid success allowed him to expand to multiple locations in a very short period of time.

 

Richard Liu Qiangdong’s first major obstacle occurred during the SARS outbreak of 2003, which significantly halted face-to-face communications throughout China because of the highly contagious nature of the disease. Faced with the possibility of having to shut down his business operations, Richard Liu and his managers decided to implement an e-commerce service in order to supplement the losses affecting his physical retail locations.

 

After a close analysis, the figures showed the incredible growth potential of the e-commerce sector. In the initial phases, Richard Liu Qiangdong’s company operated in a dual capacity, selling products from the physical retail stores, as well as online, but by 2005, he’d decided to put all of his resources into e-commerce and JD.com was born. The name JD.com, short for Jingdong, was created using part of Richard Liu’s last name and that of a former girlfriend. Get Additional Information Here.

 

Today, JD.com’s major competitors are other e-commerce giants, such as Wal-Mart and Tencent, both of which have invested in Richard Liu’s company. Despite competing with some of the world’s largest corporations for e-commerce supremacy, he still views himself as his only major competitor.

 

In the near future, Liu plans to take his company further into Southeast Asia, Europe, and eventually, the United States. JD.com currently employs more than $167,000 people, after adding more than 30,000 in 2017 alone. In an article with WSJ, “Chinese Retailer JD.com Turning Its Logistics Network Into Broader Delivery Service”, Jingdong talked about new package-delivery service will compete with private express carriers in a crowded market in China for parcel transportation. This marks the next step in leveraging the nationwide logistics network that JD has built over the past decade.

 

More about Richard Liu Qiangdong on http://www.ftvcapital.com/team-member/richard-liu/

J.D. Com in The Online Business

 

Technology is one of the best things that has come to make people’s lives easier. It has eased the burden of carrying out tedious work by making work easier for people. It has also led to the increase in many other discoveries by facilitating the internet for research purposes. Technology has also changed the way people think and behave hence, it has enlightened people. Despite having negative impacts on society, the benefits that come with technology are so many that they supersede the negative impact.

JD.com is a company also known as Jingdong is a company that has fully embraced technology and creativity to carry out its roles. The company mainly deals with high technology and AI delivery and this is facilitated by drones and robots which do the delivery to clients.

Because of its success, JD.com has been ranked as the company with the best drone facilitated delivery system in the world formed in 1998, the company started from scratch just like every other company. It started by offering clients an online platform where they could be able to sell their products. Find More Information Here.

Soon, J.D. Com started to sell many other products such as electronics. By then, the company was known as 360buy.com where it went also founded another platform known as POP that also offered an opportunity to clients to sell their products. After a period of 5 years, the company’s name was changed to J.D. Com. In 2014, the company decided to form a partnership with Tencent. The partnership was founded to enable J.D.Com to dominate the online market and defeat their greatest competitor the Alibaba Group.

Later on, the company went global by starting up an online site in Russia. This was a great stepping stone for the company since it made it become popular. Due JD.com’s the exemplary competent team and the wonderful marketing strategies, the company has grown to become a known online marketing platform that has enabled many people as well as companies to market their goods online. The company has invested in many companies that have greatly boosted the company growth.

In an article with Gizmochina.com, “Google Invested 550 Million” with Jingdong. The partnership will include the promotion of JD.com products on Google’s shopping service. More details have now emerged that the partnership will also see Google selling its products on JD.com.

 

More about JD.com on https://www.nasdaq.com/symbol/jd/real-time

Future Of JD.com According To Richard Liu

 

In today’s world development of science and technology has taken a turn taking over the analog world to the digital world. Entrepreneurs and researchers have invented innovative means bringing an advanced solution to human needs. Digitized communication has been the most significant achievement although, advancements are in all fields. China has taken the lead, investing in technology. Currently, it’s among the top digitized nation in the world to produce and utilize advanced technology means in production.

Marketing is another field which has welcomed change seeing physical retail and wholesale stores being replaced with online shopping. JD.com is an online e-commerce market with its regional headquarters in China. It is currently estimated to worth $57.6 billion exhibiting a rapid growth similar to that of Alibaba.

Richard Liu is the founder and Chief Executive Officer of JD.com. He founded it in the year 2004 after SARS outbreak in China. As a result of this calamity, many people and customers remained, and this triggered Liu to reconsider his brick and mortar business model. With the help of his teammate, he sourced Jingdong, naming it after the last character of his former girlfriend`s name and the last character of his name. See This Page for more information.

Richard Liu Qiangdong is an alumnus of Renmin University, one of the best Universities in China graduating a bachelor’s degree in sociology. During his University time, Liu spent most of his free time sharpening his computer programming skills through freelance coding work. After graduating, he proceeded to China Europe International Business School to study EMBA.

Richard Liu has set plans to expand his enterprise to the Middle East, Europe and in America. The firm has made it name all over China through its quality and efficient serviced in the delivery of products. The logistic team ensures that placed orders reach your doorstep as soon as possible.

One of greatest achievement Liu Qiangdong has accomplished in his family. Liu makes up his time to be with his family and children as they have been the strongest pillar all the way to where he is now. During free time, Liu loves to travel to the desert and reading trending news where he gains new information.

 

Related Reference: https://jingdaily.com/tag/liu-qiangdong/

JD.com Users Cloud Technology To Stay On The Cutting Edge Of Shopping

The Cloud Native Computing Foundation has present JD.com with their Top End User Award due to the cloud-native open source projects that they use to operate their company. They are the largest community using open source dedicated to the type of software that they use.

 

At KubeCon + CloudNativeCon, Jingdong Mall was presented with Top End User Award. This conference had attracted thousands of guests in Shanghai where they discussed the future of open source software and the cloud.

 

Jingdong has to store and process a lot of data in order to give their customers the best e-commerce experience that they can. One of the big factors when it comes to customer experience is speed along with overall functionality. Jingdong stores around a trillion images today compared to the 2 billion being stored 5 years ago. This number goes up around 100 million every single day. Jingdong has to keep up with this technology in order to make sure that the services they use are expandable in order to meet the new demands of the site.

 

They were one of the first companies to start using Kuberernetes clusters and currently have the largest cluster in the cloud. When they made the switch to Kubernetes, Jingdong called it JDOS 2.o and they began a partnership with the Cloud Native Computing Foundation. By participating in this partnership, JD.com is not only able to benefit from the information they get from the organization, but they are also able to contribute to the knowledge that they have about the systems.

 

Jingdong became the first CNCF’s platinum end-user member. They were given a seat on the governance board in order to help guide the direction of the organization. The company works to support other businesses through by using a strategy called Retail as a Service and open source aligns with these goals that they have as a company. The Kubernetes clusters are almost ideal for a company like JD.com that is one of the top online retailers in China because it is very adaptable. The work that Jingdong has done on their system has contributed to many different open source code projects. Go Here for related Information.

 

More about Jingdong Mall on https://www.gizmochina.com/2018/06/22/googles-550-million-investment-in-jingdong-could-see-its-hardware-products-selling-on-jd-com/