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Richard Liu Qiangdong: The Man Who Created JD.com February 11, 2019

 

JD.com is one of China’s most successful e-commerce businesses. According to Forbes, the online retailer is worth is $57.6 billion and is the only rival to mega-retailer Alibaba. JD.com’s founder, Richard Liu Qiangdong, launched the company in the face of forced failure.

These days, companies shutting down because of health hazards or environmental danger are nothing new. In the early 2000s, business owners faced more economic problems, so issues like public outbreaks or 100-year storms was a priority. Many Chinese store owners learned the hard way just how bad nature could affect their businesses.

Before Richard Liu Qiangdong was estimated to be worth $11 billion, he was the son of two nearly impoverish shipping company owners. His family never had much money, and Richard Liu Qiangdong wasn’t too focused on making much money at first. He wanted to go into politics and make a difference from inside the system.

In 1996, he earned a degree in sociology from one of China’s most prestigious institutions, Renmin University, with the intention of pursuing a career in politics. Sadly, his grandmother fell ill, and choose to find a more lucrative career to help for his grandmother’s treatment.

He quickly learned computer programming and began writing code for anyone willing to hire him. As a freelance coder, he discovered how challenging, yet rewarding a business career could be. He replaced his political ambitions with entrepreneurial hopes and started working toward a business degree from the China Europe International Business School. Find Related Information Here.

In 1998, after earning an EMBA, he opened a little store in Beijing called Jingdong. Jingdong sold magneto-optical products and gave Richard Liu Qiangdong his first taste of entrepreneurial success. Within five years, he had 12 stores throughout Beijing and was making more money than he ever expected. Before he could expand again, the 2003 SARS outbreak shut everything down.

SARS made face-to-face not only undesirable but dangerous for employees and customers. On the brink of defeat, Richard Liu Qiangdong decided to move Jingdong online, and JD.com was born one year later. In 2017, Richard Liu Qiangdong became an official “Variety 500 Honoree” due to his hard work and service to the world.

 

More about Richard Liu Qiangdong: https://www.linkedin.com/in/richard-liu-54849942/

 

 

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Jingdong Is Leading Strong Sustainability Efforts

 

In recent years, companies all around the world have been taking up substantial efforts to ensure that they are able to operate in sustainable ways. One of the companies that are leading sustainability efforts in China is JD.com who recently released a report about their plans when it comes to corporate social responsibility. Jingdong has stated that as the largest retailer in China, they are committed to global sustainability and giving back to the world through several different philanthropy efforts. Find Related Information Here.

JD.com has been increasing its sustainability efforts since around 2013. They have been showing a strong focus on not only sustainability but also for innovation as well as empowerment. Every part of the operations of Jingdong is being addressed such as logistics and even reducing the waste from packaging and returned products. They have even created a “Giving Platform” to make it easier for their customers and retail partners to give back to the community with every purchase that is made.

When goods are donated by the customers of JD.com to different organizations that need them, the recipients are able to track the products at every stage or fulfillment. This is helping JD.com to increase the amount of transparency that has which is something that many people value. Along with transparency, their efforts have also made the company more efficient which allows their customers to receive their orders faster and without damage.

JD.com has an interest in is helping to alleviate poverty in China and eventually throughout the world. They have been able to deliver donations to some of the most remote regions throughout China to people who desperately need assistance. In some cases, Jingdong has been the only company with this capability.

JD.com was able to achieve many advances in technology, yet still able to increase sales and help even more people with their philanthropical work. While strong revenue is important, so is being able to have a positive impact on the world. The example that JD.com is setting will hopefully inspire other retailers to make a difference in the world.

 

View their profile on https://www.linkedin.com/company/jd.com/

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JD.com Launches A Delivery Drone In Indonesia February 4, 2019

 

JD.com is the best online trading platform in China and the Asia continent at large. It was founded by a Chinese’s entrepreneur known as Richard Liu Qiangdong together with his wife. Liu is the current Chief executive officer and chairman of the company; he is responsible for all aspects of the company’s growth, and development. JD.com was founded in the year 2004, but initially, it was a real mall which acted as the sole supplier of magneto-optical products.

 

The initial name of the mall was 360buy, and it was established in 1998. The mall did well until the year 2002 when China was affected by SARS outbreak which compromised its performance; since workers, clients were forced to remain indoors. Richard decided to shift the business into an online one, and finally, he founded Jd.com. Today JD is the leading platform for online trading in China.

 

Early this year, JD.com introduced the first drone lift in Indonesia, and the Indonesian government approved it. Launching of the drone will be a breakthrough for the delivery of parcels in South East Asia. During the launching, the country’s ministry of Transportation, Air Navigation and Civil Aviation were present. The test flight happened on 8th of January 2019, West Java Indonesia. The flight flew from Jagabita Village through Parung Panjang to Mis Nurul Falah Leles Elementary School and delivered books and backpacks to students. Go Here for more information.

 

The parcels delivered on that day were part of the company’s donation to the school. JD.com has a history of conducting philanthropic activities to support communities where it mainly operates. The online firm uses its high technology in helping China and providing immediate response it disasters such as earthquakes and Tsunamis affecting the country.

 

JD.com in conjunction with its partner JV.com, which is also an e-commerce company were the first firms to bring high-quality online business in Indonesia. The two companies started their operations in the year 2016, and they served almost 20 million customers across the country. The operation leveraged the companies’ logistics, and they had ten warehouses across seven islands. The warehouses covered 483 cities and 6500 cities.

 

See also: https://jdcorporateblog.com/delivering-the-future-of-shopping-jd-com-at-ces-2019/

 

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China Ready To Transform With Jingdong January 14, 2019

JD.com a renowned and most trusted name in China’s retail market has decided to do a joint venture with Paramount Pictures & Global Play and are planning to unleash what was once considered as something unbelievable. Get ready China for a complete Transformation as JD.com, Paramount Pictures & Global Play combine force to give you Chinese release of the new TRANSFORMERS movie BUMBLEBEE.

 

In the early stage of the 1980s, Bumblebee manages to seek refuge in an old barren junkyard right in the outskirts of Beach town, California. Meanwhile, leading an ordinary land seldom life Charlie (Hailee Steinfeld) rooms around the city trying to get a place for herself in her own life broken intimidated and worried about herself finds an unorthodox and unusual Yellow VW bug.

 

To plunge into the real action JD along with the support of Hasbro & Transformer franchise brings you a mission red micro-shorts that present the dynamic sides of Optimus Prime and Red Knight-an exclusive Transformers Character-putting out its life in the sole cause of the protection of the Energon Fuel Source. Share the thrill and excitement of the new Transformer by experiencing the Red Knight and its power. That’s not all to uplift your excitement to a new horizon the series is accompanied by three more short miniseries powered by Panasonic and Chinese means wear brand HLA featuring Red Knight protecting the Energon.

 

To add up to your transformer’s collection JD.com and Hasbro bring you the fully armed Red Knight action figure ready to defend the Energon till its last breath. The action figure will be made available by Dec 29, 2018, exclusively on JD.

 

“Super Bumblebee Day” sales promotion will go hand to hand with the premiere of the movie in China i.e. Jan,04. On the premiere day, over 300 million customers will be able to get their Bumblebee movie-themed merchandise and exclusive collectors’ items from Hasbro, Panasonic, HLA, and more. Find More Information Here.

 

More about JD.com on https://www.nasdaq.com/symbol/jd/real-time

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Richard Liu Qiangdong On His Company JD.com December 26, 2018

A Man on a Mission

Richard Liu Qiangdong is a Chinese millionaire, and he is the creator of JD.com. Liu Qiangdong was raised in China by hard-working parents who prepared him for a life of success. Liu Qiangdong went to a prestigious college in China, and he had the hope of having a career in politics.

 

Soon, Liu Qiangdong realize that a career in politics would not be sustainable, so he started to dabble in computer programming in his spare time. Before Qiangdong graduated from college, he opened up a restaurant. He was able to get money from friends and family, but the restaurant did not do well. This failure did not disappoint Liu Qiangdong, but instead it gave him the impetus to continue. Read This Article for more information.

 

 

The climb To the Top

 

For several years, Richard Liu Qiangdong worked for a Japanese company. In this company, Liu Qiangdong learned management skills that would enable him to move on and create his own company. Within a short amount of time, Liu Qiangdong opened up a store selling optical products. Since the store was so successful, he was able to open up 11 more stores.

 

An Interview with weforum.org

 

Recently, weforum.org did an interview with Richard Liu Qiangdong entitled “An Insight, An Idea”. Liu Qiangdong spoke about how he was able to create his successful company called JD.com. After open opening all his stores, there was a SARS outbreak in the country of China that caused people to want to avoid interactions with possible carriers.

 

Liu Qiangdong wanted to continue selling his product, but he did not want to put anyone’s health in danger. Instead of selling his products at stores, Richard Liu created an online platform. This e-commerce platform became widely successful, and now it is China’s most successful e-commerce platform. Richard Liu Qiangdong was able to find success because of his dedication to education, high-quality products, and innovation.

 

More about Richard Liu Qiangdong on https://www.evergreendentalcarenh.com/

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Reasons Why Richard Liu Qiangdong Is Successful In E-Commerce November 19, 2018

Richard Liu Qiangdong is one investor that is always challenging the status quo both in business and around his social life. When he graduated from college with a BA in Sociology, the business world was the last option to most of his colleagues. However, Richard Liu pursued investment as both his passion and the fact that his family could not afford an alternative.

 

 

Since then, Liu has continued to challenge some investments notions in this side of the world. Although he has had his share of challenges in the business world, especially the 2004 epidemic, the ability to adapt and reinvent himself is impressive.

 

 

Richard Liu Qiangdong is also an exceptional planner. In the 14 years, he has been in charge of JD.com; he has supervised not only the company’s operational growth but also building its future. In one of the recent interviews Liu did, he pointed out that his dream of the company is yet to be completed. He pointed out some deals he has settled with some likeminded companies will enable the company to make strides in the next phase.

 

These deals have enabled JD.com to improve on their basic delivery speed. It is impressive to note that the company is already in the implementation stage of 24-hour delivery, which according to Richard Liu Qiangdong will define the retail market in China. Being a planner, Richard Liu Qiangdong points out that he has always wanted to have a visionary group in his management. A good management team is his support system.

 

 

This nature of development and improvement in terms warehouses and storage according to him has been the company’s priority for the last five years. It is now possible to make orders without worrying about storage or the speed of goods. The improvement in storage according to Liu is also in line with their next phase as a company. In just 24 months ago, the company through its relevant department commissioned one of the most comprehensive studies on transport. Read This Article for additional information.

 

According to Liu, the future of cargo and goods delivery is not through delivery vans but automated freight system. On this note, the company is not only ensuring that they are part of the history, but they are making the first steps towards the attainment of an environmentally friendly system.

 

Related Reference: https://www.chinamoneynetwork.com/2018/10/18/jd-com-opens-up-its-logistics-network-to-users

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