Richard Liu Qiangdong is a popular name in the e-commerce world and the last few years, he has become the role model for the many internet entrepreneurs that are surfacing in this booming internet age. Richard Liu Qiangdong founded JD.com in the year 2004 and before that he used to conduct business through the retail stores. The business of selling through the retail stores faced many challenges during the time China witnessed major SARS outbreak. It forced Richard Liu Qiangdong to take harsh business measures and take major decisions, and it is how JD.com came into being. Richard Liu wanted to cut down the operational cost while ensuring that the customers get more number of options at a lesser price. It is what the online retail business offers.
Richard Liu Qiangdong’s net worth as of now is over $12 billion, and it is going up with time due to the increasing price of the JD.com’s stock price. The company is listed in Chinese Stock Exchange as well as in NASDAQ. Richard Liu Qiangdong continues to play an important role in JD.com’s management and has helped the company become a global leader. If you are looking for any retail and consumer products in China at an affordable price, rest assured JD.com has it at an affordable rate. Richard Liu Qiangdong continues to find a new way to increase the outreach of JD.com and has helped strategize and implement innovative marketing techniques. It has helped in the sales of the company soaring at a massive pace.
Richard Liu Qiangdong believes that they have the potential to be number one not just in China but around the world. Their main aim is to increase the number of offerings and varieties on their website and also to minimize the delivery time to merely hours. Even though their current delivery time varies from 6-20 hours depending on the place of delivery, they want to make maximum use of their warehouses and their delivery personnel. He also wants to make sure that all the products that they sell on their platform are completely genuine and not fake.
Follow Liu via twitter : https://twitter.com/liu_qiangdong?lang=en