If Jeff Bezos is the Jeff of Silicon Valley, the Chinese internet entrepreneur Richard Liu Qiangdong is the Jeff Bezos of China. Richard Liu’s success is unmatched in many ways, and he has become a major player in the world of online business. He has created a multibillion-dollar company, called WeChat, and has received countless accolades for his efforts.
In 2004, after years of offline retail, Liu opened his first online business selling herbal supplements. After graduating from Renmin University, he enrolled in a master’s program in business at the China Europe International Business School. The combination of his entrepreneurial and academic pursuits enabled him to learn the ins and outs of the business world, while simultaneously running his own company. After graduating, Qiangdong gained valuable management experience in Japan Life, where he rose to become the director of computers and service.
In 2004, Liu began selling his products online. The success of his initial business prompted him to shut down all of his stores and focus on the Internet. He started writing code for his website. He answered customer service inquiries personally and slept in his office, where he set his alarm clock to go off every two hours. By 2006, he had a website up and running. After a few years, he had sold all of his products online.
In 2003, Liu Qiangdong was just 18 years old when he decided to sell his products online. His entrepreneurial spirit led him to close all of his brick-and-mortar stores and focus solely on his company. In the beginning, he even hand-delivered orders to his customers. Despite the challenges that lay ahead, Liu’s dedication to the business helped the business grow rapidly and gain international acclaim. During the period of the SARS epidemic, Liu was able to gain a wealth of knowledge about his target customers, which led him to market to them.
In 2004, after graduating from Renmin University, Liu decided to launch his own company. He opened a physical store and became the director of sales. However, he soon found that he was not happy with the way things were going. He decided to turn his business online. He now makes millions of dollars online a year. See this article for additional information.
Liu was featured as an Honoree in Variety 500 entitled, “JD.com Richard Liu; Founder / Chairman / CEO”, as a result of his persistence, innovation, and hard work. During his free time, the billionaire loves to either spend time with his family or volunteering at Red Cross.
JD.com now boasts an annual revenue of $82.9 billion. The CEO of the company can make an impact on the world by using the power of technology and big data.
Find more information about Richard Liu on www.joybuy.com/richard-liu-jd-ceo-about