Richard Liu Qiangdong Talks Business And Entrepreneurship

Richard Liu Qiangdong is more than just a Chinese internet star and e-commerce billionaire. He also happens to be a business guru who has a long experience with trial and error as well as making things work. He was born sometime in 1973 to coal shippers and from an early age, he always wanted to be a politician.

But the guru, who is also a Red Cross volunteer, decided to make a shift and become an entrepreneur. His begun trying his hand in business while he was still a student at Renmin University in China but it wasn’t easy. Thankfully, he learned from both his mistakes as well as misfortunes and prevailed.

Founding JD.com

As soon as the SARS epidemic struck China and destroyed a lot of businesses, Richard Liu Qiangdong was quick to evolve. He turned his business online where interested clients could easily make a purchase online and have their items delivered within record time. But since Richard Liu Qiangdong had limited monetary resources, he only had to deal in a handful of electronic items. Go To This Page to learn more.

But by 2010, he was in a position to offer just about everything his clients wanted. Richard Liu also had the ability to provide nothing but original goods which was something that most e-commerce platforms at the time pretty much needed. Today, Jingdong has an estimated worth of close to $60 billion with well over 167,000 employees worldwide

In an article with Gizmochina.com, “Google Invested 550 Million” with Jingdong. The partnership will include the promotion of JD.com products on Google’s shopping service. More details have now emerged that the partnership will also see Google selling its products on JD.com.

The Relationship Between Business and Service

While still talking on the world economic forum annual meeting, Richard Liu Qiangdong was quick to assure everyone that Jingdong is one of the best e-commerce platforms in the world. And this was simply because they are dedicated to giving their esteemed clients nothing but the very best of service. Richard Liu Qiangdong was quick to acknowledge the fact that a lot of e-commerce platforms don’t listen to customers.

For starters, Liu was keen to improve on the delivery time from a couple of weeks to just under 20 hours. And this was irrespective of where the clients were. He also stated that Jingdong only deal with original goods, which was another problem that most e-commerce platforms at the time were clearly struggling with.

 

See Also: https://www.chinainternetwatch.com/tag/jingdong/

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