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How Technology Saved Richard Liu Qiangdong April 1, 2019

During the days when Richard Liu Qiangdong was in the university and the few years after his graduation, technology was not a popular thing. Businesses did not care about technology, and everything was done the conventional way. In fact, they did not even care about the internet and focused on the old communication styles. This is the time when he was struggling to start various retail businesses but things were too difficult for him. However, a few years later, there was a revolution that led everyone to start talking about technology, and that is how the Chinese billionaire found his way to stardom. Find Related Information Here.

 

Taking his business to the internet

The first thing that Richard Liu did when he turned to technology was to create an ecommerce site. He knew that with internet connections, Richard Liu would reach out to the millions of people that existed all over china and beyond. This was a prospect that he could not ignore because selling to the few people in his home town was no doing him good. True to his instincts, the website grew in popularity and that s how he found a lot of customers and business partners.

 

Developing applications

Advancements in technology opened the way for many other opportunities. Not only was Richard Liu Qiangdong able to sell to other people, but he could develop web applications and software that would enhance his business as well as others. Liu’s applications have been widely used in the retail delivery businesses. For example, he has developed drones and delivery robots that are now used in unmanned delivery. In addition to that, his application has brought about flexibility that enables businesses to reach more customers without having to go through the many problems that used to hinder their progress.

While growing up in Jiangsu, China, Richard Liu always knew that his heart was in business. His company had a business and so he wanted the same. However, he had little idea that the advent of technology, and specifically the internet, would bring him the kinds of fortunes that he enjoys today. His company, JD.com was featured on the Consumer Electronic Show, a worldwide event that features the best companies.

 

See also: https://www.forbes.com/profile/richard-liu/#138384a22677