As the CEO of one of the most powerful fashion companies in the world, JD.com, Richard Liu Qiangdong has proven the entrepreneurial spirit is alive and well and can lead to tremendous global success. The company’s current wealth is $57.6 billion. According to Forbes, Liu is worth $11 billion.
Liu graduated with prestige from Renmin University of China in 1996 and worked on his computer programming skills. Liu then improved his education through an EMBA from the China Europe International Business School. Liu started his career with Japan Life, a health product company, where he served in different roles which included director of computers and business director.
Richard Liu believes the spirit of business comes from years of entrepreneurial endeavors. His journey into fashion has led to his success in the world of e-commerce as JD.com can only be found on-line.
From Liu Qiangdong’s perspective, a global, universal approach is most fitting for developing a worldly sense of business. Once a business is started, the main focus is then to expand the services and attract a larger business. Wal-Mart currently owns 11% of JD.com and uses the on-line service as one of their largest retail providers. JD.com started out as a retail business but closed due to the SARS break out. See This Article to learn more.
Since that time, the company made a switch to on-line only, a move that propelled JD.com into unlimited online success. JD.com has highly regarded fashionable items that are sought after by people from all walks of life, no matter the level of income.
Liu attributes much of the company’s success to how well the business world communicates with each other across the world. Richard Liu Qiangdong believes being universally accepted from all consumers is the fundamental success. Leaders like Liu are those who push for excellence, deserve it from their employees, and serve it to their customers.
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