Liu Qiangdong And His E-commerce Ventures

 

Liu Qiangdong is the current CEO and founder of JD.com; a leading e-commerce company in China. His self-made success story has catapulted this business mind into a true entrepreneurial genius. However, it has not been by sheer luck that he got to this point.

Liu Qiangdong credits his flexibility, intuition and a business savvy mind to the success she has achieved thus far. His business started from a humble beginning but has grown to the current status where it actively serves well over 100 million shoppers. His business has thrived thanks to its continuous use and application of cutting edge technology to spur innovation that matches with the modern global economic environment.

Liu Qiangdong was born in Jiangsu province of China and his early life was simply typical of his other peers in the community. He is lucky to have had parents who saw the need to instill the spirit of hard work and education. After his primary and secondary schooling, Liu Qiangdong went to the People’s University of China where he enrolled in a sociology program and earned a Bachelor’s degree on the same.

As much as he had laid emphasis on his major, Liu Qiangdong saw the need to stay ahead of the pack in order to increase his competitiveness in the job market. As such, he taught himself the art of computer coding and other courses related to computer science. Get Additional Information Here.

After his graduation, Liu Qiangdong was employed by Japan Life; a major natural supplement provider. Here, he put to use his earlier learned skill in computers programs and went on to become the director of computers at the company.

It was not until 1998 that Liu Qiangdong decided to venture into the business environment by opening a shop that dealt with magneto-optical products. By 2003, the business had expanded exponentially to 12 stores, but a SARS outbreak soon after got him rethinking about the viability of a brick-and-mortar business. He started JD.com in 2004, and since then, he has never looked back. Liu took e e-commerce to a whole new level by leveraging on the power of the internet.

 

See also: www.joybuy.com/liu-qiangdong-jd-ceo-about

The Collaboration Between JD And The British Fashion Council To Create Cultural Integration

 

Online retail and marketing have grown dynamically in this century, JD.com is one of the leading Chinese retailers on the digital platform. The company announced that it would join the British Fashion Council (BFC). Both companies plan on supporting schedule designers who will be featured on London Fashion Week. J.D will be the only Chinese retailer who will participate in the event.

The event will build on existing JD’s partnership with BFC and Vogue Designer Fund as well as Menswear designer fund. The main aim of the partnership is to create a mutual agreement in helping global designers, brands and notable figures in the fashion industry. Through the partnership, the companies aim at introducing British brands to the world especially the Chinese market which is very complicated in nature. This will also help the visibility of Chinese goods in the British market. The coloration, therefore, is projected to rejuvenate the relationship between British and Chinese fashion markets.

JD has shown in the past to build trusted partnerships with companies such as the BFC and the renewal of the partnership according to Caroline Rush will be beneficial to the fashion sector. This will be an opportunity to empower emerging designers and make it easier for them to penetrate the ever-changing designer world. The platform is further projected to strengthen the ties between Britain and China and build talent integration and cultural exchange. To attain its aims, the companies will build capacity for talent integration, property protection and other important aspects of the fashion industry.

Reaching out to the world

JD Fashion hosted an in the event in March 2018 which took place in Shanghai and among the designers were Vogue Designer Fund/ BFC. JD.com introduced them to the Chinese audience and where they introduced their products to the new market. Both companies believe that fashion is borderless and they are planning on building bridges and exchange of culture and fashion throughout the world.

In three years the company is projected to continue with their global and universal language of integration. The relationship between China and Britain is just but a stepping stone to creating opportunities for companies.

 

Go Here to visit their profile on Linkedin.

Visit: https://www.jd.ru/

 

 

 

Knowing Richard Liu Qiangdong

 

Richard Liu Qiangdong is the founder of JD.com (coined from his last name and his wife’s first name) in which he started in 2004 although the company began in 1998 as a computer accessories shop. He turned the entity into an online retail store when one of his managers suggested the option of starting an e-commerce business. The suggestion was made during a meeting that entailed discussing ways to improve the company’s financial performance after it encountered the SARS epidemic in 2004. Richard Liu is also the chairman as well as the chief executive officer of the company.

 

Currently, Richard Liu Qiangdong is estimated to be worth around $11 billion having developed a business empire that is about $60 billion in assets. During Richard Liu’s interview at the World Economic Forum in January 2018, entitled “An Insight, An Idea”, he indicated that his wealth is only on papers. He has donated a significant share of his riches to various initiatives. Many successful people in business indicate that they failed before experiencing success and Richard Liu is not any different.

 

When he was in college, he had started a restaurant business because he wanted to improve the financial situation of his family, since his parents’ transportation business was not doing well. However, the venture failed tremendously due to various reasons. For instance, he only had two hours a week to properly focus on it. However, this setback did not discourage him from starting another business. He knew that getting a government job was not an option for him. Find More Information Here.

 

From a business perspective, Richard Liu Qiangdong is still working hard to make JD.com the best online retail company both in China and the world. Liu wants to saturate China with high-quality products and then expand into South East Asia before penetrating the Middle East and then the western countries such as the United States.

 

However, even though Liu upholds his company highly, Richard Liu believes that his ambition is to be the best in the various aspects of his life. He wants to be the best son to his parents, husband to his wife, father to his two children, and boss to his employees. He also finds swimming and taking trips in the desert relaxing.

 

Visit: https://vivo.brown.edu/display/rl11

Conquering E-Commerce Markets With Richard Liu Qiangdong

 

Richard Liu Qiangdong is an entrepreneur who has made significant milestones in business.

Liu Qiangdong’s prowess and successes have made him get called to speak and attend significant conferences around the world. Richard Liu has expressed on numerous platforms including the annual World Economic Forum. In these kinds of forums, he always spoke of how he got started in business and how he has managed to conquer new markets.

Richard Liu attends the World Economic Forum

During the recent World Economic Forum, Richard Liu spoke about his journey from the time he operated supply stores to his current achievement. In the meeting, he reminisced about how he started out having a few members of staff to the current 167,000 pool of workers.

Richard Liu Qiangdong told other professionals that his business hires people weekly and uses cutting-edge technology to serve its customers promptly. He also spoke about their vast clientele scattered across China and the United States. According to Richard Liu, his company intends to conquer more clients worldwide.

About Richard Liu

Richard Liu is an experienced businessman and founder of JD.com, Inc. also known as Jingdong. This professional is a seasoned entrepreneur as the CEO of the company. Richard Liu is an alma mater of the Renmin University of China. He has also schooled at the China Europe International Business School. Given his vast experience in the business world, he has acquired immense wealth and has a net worth of $12.7 billion.

Richard Liu has always has had a passion for technology. His first job was in programming. After graduating from college, he took up a position at Japan Life to build up his skills. Two years later, he launched a supply business which grew significantly throughout six years. Under his leadership, the magneto-optical distribution chain managed to establish over 12 stores across China.

When the SARS epidemic hit China, Richard Liu began to think of a more efficient way to deliver goods to his clients. With this idea in mind, he decided to establish JD.com, an internet company. This venture utilizes the latest technology and has since become the biggest conglomerate in China competing against veterans such as Alibaba. Refer to This Article for additional information.

 

Learn More: https://www.crunchbase.com/person/qiangdong-liu

How JD.com Is Redefining Sustainability Debate

Sustainability is arguably one of the most discussed topics in the commercial world, especially concerning the future of the financial world. Some of the principal talking points of the sustainability debate include responsiveness to alternative inventions and more importantly environmental protection.

 

JD.com is currently the most visible company as far as the three pillars of sustainability are concerned. Due to this responsiveness and consistency in this sustainability discourse, the company was recently named the global leader in suitability. Through the company’s official communication, the recognition cements the company’s philosophy as far as sustainability is concerned.

 

It is important to note that the recognition of JD.com reflects the work they have put in the last five years. According to the company’s management, each of their single project, the impact of the people and their environment is always a major consideration.

 

In every investment JD.com has funded before, there is always a connection to the suitability course, and this consistency affirms why the company is not only a fast-growing entity but has a clear blueprint on their future. Some of the areas that they have made huge investments on sustainability include their packaging, selling procedures, and more recently, their delivery options. Visit This Page to learn more.

 

According to the SEAL Awards team, the most astonishing aspect of JD.com on the sustainability debate is their new venture in recycling. Matt Harney, the founder SEAL acknowledges JD.com’s impact on all the cities the company operates is visible and operational and more importantly, the process of recycling is already in progress. In just three years, the company has been able to recycle more toys than any other company in this part of the world has. Although the process is profitable, JD.com has successfully incorporated locals of these cities and finally redefined the sustainability in the corporate world.

 

JD is also expanding the sustainability debate to be more than just business and cleaning the environment. Empowering the locals in these cities according to JD.com is an expansion of the company’s social responsibility. Millions of Chinese have interacted with the company as an online retailer and in empowerment programs

 

More about JD.com on https://finance.yahoo.com/quote/JD/

JD.com Sells Record Amount Of Products During This Year’s Singles Day Shoppers Festival

 

JD.com pulled out all the stops to make this year’s Singles Day Shopping Festival a record-level success. This festival took place between November 1st and November 11th. The range of products that people were buying was very wide and deep with almost every category doing very well.

JD.com’s parent company, Jingdong, stated that this was the first year that they had partnered with offline retailers, over 600,000 of them. That was a large part of the success. Buyers also were more concerned with purchasing high-quality products instead of focusing more on the price of goods. They were especially interested in imported brands such as Apple, Pampers, Dyston, Olay, SK-II, and Dell.

Jingdong was especially happy with how well their “Fast-Moving Consumer Goods” and Food Business Group performed. In total the sold over 29,500 tons of food including meat, fruits, vegetables, dairy, and seafood. The sold 2 million cups of yogurt, over 2,800 tons of sheep, beef, and pork, and moved 12 tons of live lobsters from Canada.

They doubled the number of coffee makers they sold last year. JD.com quadrupled the number of robotic vacuum cleaners, massage chairs, and smart big screen refrigerators sold to consumers. 90 percent of the products sold were sent with same- or next-day delivery.

On Singles Day, Jingdong opened the biggest 7FRESH store they have established so far. This store opened in Langfang, Hebei Province and within just a single hour over 10,000 customers came into the store. This is Jingdong’s offline fresh good grocery store and it has proven to be very popular with consumers. Other JD.com offline stores like their automated convenience stores also had very strong growth during the Singles Day Shopping Festival as they ran popular promotions. Get Additional Information Here.

JD.com’s partners were also very successful during this year’s Singles Day festivities. Over 200,000 of their offline partners ran promotions that took advantage of JD.com’s technology and infrastructure. JD.com helped them in other ways such as releasing a step-counting game where users got bonus steps by going into their partner’s stores. The points could then be used to acquire products in the stores or on the JD.com website.

 

Source Link: http://www.globaltimes.cn/content/1119371.shtml