Online trading is the modern way of buying and purchasing items. It is indeed an easier way of doing business without the need of you visiting the market place physically. With the aid of your smartphone or laptop, you can purchase any item you want from the comfort of your home.
One of the most renowned online platform where people do shop is the JD.com which is headquartered in Beijing China. JD.com is the leading platform for online business in China and Asia at large. It was founded in the year 2004 by the owner of the company MR Richard Liu Qiangdong.
Liu Qiangdong serves as the chairperson and the chief executive officer of the company. His entrepreneurship history is an inspirational one since he comes from a humble background. Richard was born in 1973 in a province known as Jiangsu China. His father was a small scale businessman. Find More Information Here.
Richard Liu Qiangdong attended the Renmin University of China and pursued a bachelor’s degree in sociology because he had an interest in politics. Later Liu Qiangdong developed an interest in programming and ended up joining the international China Europe University where three graduated with an EMBA in computer science and programming.
Richard Liu started venturing into business when he was a student. He established a restaurant with the little cash he used to earn from his side hustles. Later the restaurant collapsed, but he did not give up. After completion of his studies in 1996, Richard joined a Japanese health products company in Hongkong and worked as the director of business and computer. Tare in 1998, he left the company and started his, the JingDong Mall.
JingDong Mall used to be the legal supplier of quality magneto-optical products. The business did well until the year 2003 when its performance declined due to the SARS outbreak which has affected the country forcing clients and staff to remain indoors.
Richard Liu decided to shift the business into an online one, and in 2004 he launched the JD.com. He ensures that the company works smoothly and is responsible for all aspects of the company’s development.
More about Richard Liu Qiangdong on https://www.thecasecentre.org/students/products/view?id=148717