Richard Liu Qiangdong Talks About The Rise Of JD.com From A Simple Brick-And-Mortar Business

 

Richard Liu Qiangdong was recently interviewed by David Rubenstein for Weforum.org titled; “An Insight, an Idea with Richard Liu”. There are a lot of businessmen that want to hear from Richard Liu, as he is often called, because he managed to grow one of the most lucrative businesses in China. Many people have compared his business to other brands such as Amazon and Walmart. Richard Liu Qiangdong believes that in a lot of ways JD.com is better because they offer more product options and better quality items. At the end of the interview he even hence that they will be willing to take on these retail giants on the international stage in the very near future.

 

One of the things that Richard Liu is most proud of is his ability to keep JD.com competitive. Early on in his career, he learned how important it was to remain invested in his business. Many people know of the success that he has experience with JD.com but they are not aware of his once failed restaurant attempt. While this was very long ago and when Richard Liu was in college, he still uses it as a lesson for his future business decisions. He tells David Rubenstein that he wants to always remain invested in his business. David Rubenstein asked him where JD.com came from. Initially, JD.com was Jingdong Mall. Jingdong Mall was Richard Liu Qiangdong’s second attempt to start a business. With this business, he took everything that he learned from his restaurant and applied it. Jingdong Mall did much better. He eventually moved the business to the web when SARS became a major issue for Chinese citizens.

 

Today, there is a lot for Richard Liu Qiangdong to remain thankful for. He has expanded his business to heights that he could once only dream of. This has enabled him to adequately care for his family and the Chinese community. In fact, he tells a David Rubenstein that half of all the earnings that he personally makes from his venture with JD.com is ultimately donated to charities. It seems that the rise of JD.com has been to the benefit of many Chinese citizens and hopefully soon the world. See This Page for additional information.

 

Visit Richard on https://www.crunchbase.com/person/richard-liu-e9b4