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JD.com Founder Richard Liu Discusses Latest Developments of Company

by Chris Holden - May 24th, 2019.
Filed under: Business Mentor, Business Tips. Tagged as: .

Richard Liu Qiangdong is an entrepreneur who currently manages his company JD.com. He founded the company and currently serves as its chief executive officer. In a recent conference, Richard Liu sat down to talk about the latest developments of his company. When talking about his company, he provided a brief introduction about JD.com as well as how he started it. Later on during the conversation, Richard talked about how he is looking to improve the shipping and logistics of the company. This has been one of the highest priorities of JD.com in recent years. Richard is looking to expand shipping routes to international destinations in the near future.

When he first began his career, Richard Liu Qiangdong worked as a computing professional in the technology sector. Shortly after completing a degree in sociology as well as a business education, Richard began working as a computer programmer. He would spend a number of years writing and correcting code for multiple companies. With his experience as a computer programmer, he would then pursue other opportunities in the technology sector. Richard became the computing director at a leading company called Japan Life. After working in the technology sector for several years, Richard Liu Qiangdong started up a business. His first business was a retailer that sold magneto optics items to consumers.

During the initial year, this business was a success but would be forced to shut down due to a decline in customer traffic. This experience proved to be very valuable for Richard as he came to the conclusion that ecommerce was the key to having a successful business in the retail industry. Shortly after closing down his magneto optics retailer, Richard Liu Qiangdong started up his next company JD.com. He looked to start a retail business that offered a wide range of products that include electronics, household items, and groceries. Over the last several years, he expanded the company and built it into the leading retailer in China. Today, his company JD.com is the largest and most successful retail company in the country. With innovation and ecommerce solutions, Richard was able to make JD his most successful business venture yet.

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