Richard Liu Qiangdong is one of the top business leaders in China today and is known for taking the success of JD.com to great heights of success under his leadership. Richard Liu Qiangdong started the initial business operations in the retail sector in the year 1998 when he opened a four square meter shop in Beijing. The name of the shop was JD Multimedia, but little did he knew that time that it would go on to become one of the largest e-commerce companies in the world in the next decade. Today, the company has the workforce of more than 67,000 people, and the net worth of the company is over $60 billion, which continues to grow with time. The company is set to overtahe the number one in the coming years.
Richard Liu Qiangdong is committed to the growth of JD.com and is continually trying to find new ways to ensure its sustained growth by diversifying as well as implementing impactful marketing strategies. With time, many new e-commerce companies are entering the market, and Richard Liu believes that it is essential for companies to focus on growth, diversification, and investment in expansion. In a recent interview, Richard Liu Qiangdong also hinted towards acquisition being one of the key strategies for the companies as it continues to grow and expand in other countries other than China. In Southern Asia, JD.com has been partnering with the local e-commerce companies to start its operations rather than starting from scratch. Richard Liu also mentioned that the company would also consider acquisition as one of the options if there are suitable opportunities that present itself.
Richard Liu Qiangdong spends time on building a relationship with the top brands so that the customers are able to buy their products from their platform. While most of the other platforms sell the products after they have already been in the stores, JD.com boasts of the latest collection that is offered at the same time they hit the stores around the world. It is the reason why customers enjoy shopping at JD.com, and Richard Liu wants to maintain that for many years to come.
About Liu Qiangdong: en.everybodywiki.com/Liu_Qiangdong