Richard Qiangdong Liu is a Chinese billionaire who came from a very humble background. While at home he helped his parents run a transport business before moving to Beijing to further his studies. Despite the challenges encountered when joining the university, Richard Liu managed to get enrolled in the University. He started a small food business that did not work out very well due to inadequate time. Richard Qiangdong Liu later started a computer selling business that grew leading to the establishment of 12 more stores in China. Richard Liu is a father of two. He encourages his children to work hard and realize themselves.
In 2003, SARs stroke which was an infectious respiratory disease. This situation forced Richard Liu to send his employees home. He gave them water among other products to use at home. Richard Liu together with one of the managers who is a billionaire remained at the company premises. SARS outbreak forced Richard Liu to close the 12 stores as the offline business was not working out. At the end of 2004, he launched JD.com website that worked out very well.
JD.com company started with phones and IT products as the finances were limited. Each Year Richard Liu working closely with his employees ensured to introduce a new product to the market. Currently, the company deals with more than one billion products which are nothing else but original. There are more than 160, 000 employees at JD.com who serves all the customers with high standard services. There is much competition from Walmart but having advanced technology to deliver the products fast JD.com is the largest and leading retail shop in China.
According to Richard Liu, the hottest goods at JD.com include consumer goods and fashion. More than 300 million customers prefer JD.com fashion products as they are of high- quality. Richard Liu is dedicated to ensuring that he establishes new branches in the US, Europe, Asia among other parts of the globe.
Richard Liu also uses his wealth to fund different charitable organizations as a way of giving back to the community. He is a role model of many entrepreneurs, and his parents are proud of him.
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