Born in Suqian, Jiangsu province in China, Richard Liu Qiangdong came about. His parents dealt with coal-shipping and instilled in him the values of hard work, the importance of a good education and also encouraged him to always prosper in all that he did. Immediately after completing his primary and secondary level, he enrolled in the Sociology class at a university known as the People’s University of China.
He then acquired his Bachelor’s Degree from the Sociology program at the university. After completing his studies, Richard Liu Qiangdong recognized the importance of furthering his studies to be competitive in future employment occasions. Richard Liu, therefore, taught himself computer science related work as well as computer coding.
After graduating, Richard Liu’s first venture into the business world was through his very first employer, the Japan Life Company. Here, Liu Qiangdong showcased his skills acquired throughout his life and was able to garner massive growth opportunities for the company.
That made Liu Qiangdong gain promotions, and he eventually was made the company’s business director and the company’s director of computers. After working for a while in the Japan Life company, Richard Liu Qiangdong finally left in the year 1998. Qiangdong purposely left so that he could also venture in the entrepreneurial world solely. He established Jingdong Mall and rented a small space in Beijing, which is well known as China’s technology hub. He began by selling magneto-optical products to his customers.
Richard Liu Qiangdong focused mainly on offering top notch customer service, simplicity in the transaction as well as the full application of technology for the primary purpose of efficiently running business ventures. The presence of competitors in the market made Richard Liu focus on selling authentic, high quality and, authorized products. Since many businesspeople in the market sold faux and counterfeit goods, Richard Liu was able to gain the trust and loyalty of his customers making him distance his business and himself from the competitors.
During the first five years of his sole proprietorship, Richard Liu Qiangdong enjoyed huge returns as well as an expansion if his business to twelve mortar-and-bricks outlets.
In 2017, Richard Liu Qiangdong became an official “Variety 500 Honoree” due to his hard work and service to the world.
Go To This Page for related information.