The Becoming of Richard Liu and his E-Commerce Company: JD.com

Richard Liu Qiangdong is now one of the best businessmen that lives in our lifetime. With a superpower, high traffic e-commerce site called JD.com. With this marvelous e-commerce site, his years of irreplaceable experience, grit and his genius mind – he has built his net worth way off the roof at over a whopping amount of 12.7 billion dollars, at this rate JD.com is just surging up and up the stock market ladder.

You cannot name a business that sold millions and millions of its product and made it on the hundreds of thousands of multiples in their net revenue in the first few days – because Like every other business, it needs work, effort, time and the proper guidance. Richard Liu Qiangdong has a lot of experience in the field of business – growing in a family of business men and women (though not all are successful), there are a lot of valuable knowledge, tips and tricks, and exquisite strategies that can be picked up on years and years of legacy left by a family of business men and women. But then again, business is not entirely about being business minded, it’s about being an all around character and Richard Liu is exactly just that. He has a degree on sociology,and has finished his Executive Master’s on Business Administration – but all of these were being done while Richard Liu was also self- teaching on programming on the computer. Nothing like self-progress!

JD.com was a product of a series of unfortunate events – contrary to popular belief. Richard Liu’s family, though involved with a lot of businesses, wasn’t that successful and financially capable. When Richard was growing up, his grand mother became sick and his family was not able to afford the proper healthcare and buy the prescribed medicine. And when he was building his brick and mortar stores upwards, the SARS outbreak happened, physical interaction was avoided because of the viral nature of SARS, and this resulted into the closing of all his physical stores and this gave birth to his e-commerce business which grew to what it is now. Talk about travesty to treasure, right?

Learn more about Liu :  https://variety.com/exec/richard-liu/