The Success Story of Richard Liu Qiangdong

We all know that success is primarily not measured by the position we hold in a company, but by the people, we influence along the way. It does not matter how long it may take for us to get where we are, or the failures we have had along the way, as long as we keep on pushing to our dreams, we will certainly make it. A good example of accomplishment after failure is Richard Liu. Richard Liu is the CEO, founder, and chairperson of JD.Com. JD.Com is one of the largest e-commerce platforms in China. He started this company after experiencing numerous failures in the restaurant sector.

After a period of selling health products, he started selling computer parts and later scaled up his business switching it to an online store, and this was the beginning of his venture into the e-commerce platform in China. Once he was able to venture into the e-commerce platform, he has since dominated the e-commerce platform with the sales of electronic goods, and this earned him a net revenue of $37 million in 2016 alone. The rise of Richard Liu Qiangdong has made him into a celebrity in China as one of the most innovative businesspersons China has today.

Before he started businesses, Richard Liu Qiangdong had studied sociology and was well on his way to becoming a sociologist. However, his love and passion for computer programming were quite evident throughout his studies. He would spend most of his time as a student developing his computer programming skills and with each day, he got better at it. After completing his studies, he later went on to enroll for an EMBA at the China Europe International Business School. He would later get employed at a health product company, where he held numerous roles among them director of business and director of computers.

It was in 1998, where Richard Liu decided to start his own business. He would name his first business after himself and his then-girlfriend. He would later expand the business into 12 stores making it more ,accessible, but it was not until SARS hit, that he took up the decision to create an e-commerce platform and his decision paid off.

Visit his LinkedIn :