Category: E-Commerce

Richard And Liu Qiangdong: Gurus Businessmen In Online Retail Shop

 

To thrive in entrepreneurship, one must be dedicated and determined. Richard Liu has mastered the art of entrepreneurship so well. He is currently the chief executive officer of a leading e-commerce organization. J.D Com an online based company has been utilizing cutting edge technology to innovate new marketing strategies and explore new markets.

His real name; Richard Liu Qiangdong is a self-made successful entrepreneur, who was born in Jiangsu province in China. Having been brought up by coal shipping parents, Richard Liu Qiangdong was nurtured to be an industrious man. His parents struggled to offer him proper education and wished him well his future endeavors. Immediately after graduating from a secondary school Liu joined the People’s University of China where he graduated with a bachelor’s degree. In the university, he studied a sociology program.

In search of more knowledge, Liu Qiangdong taught himself computer coding. This was a huge milestone that would enable him to broaden his horizon. After his university graduation, he secured his first employment with a large-scale natural supplement company. In Japan life, he parlayed his acquired skills and eventually was promoted to be the company’s head of computers. Refer to This Article for more information.

After gaining adequate skills in organization management, Liu felt he was ready enough to venture in entrepreneurship. He started with a small retail shop in Beijing. The small shop known as China’s technology hub would later grow to a multibillion-dollar company. In his retail shop, he dealt with magneto-optical products. He provided high-quality tech supported services to his customers. The business was highly competitive and therefore Liu had to distinguish himself by selling authentic products.

After growing his business, Liu Qiangdong continued selling magneto-optical products in his new enterprise brick and mortar store. Others vendors started seeing the advantages of the site and approached him so that they could sell their wares on the same site. This was followed by the formation of a long-term business partnership. The business experienced tremendous growth and he decided to rename it to JD. Com.

In his new expanded business, he dealt with high-quality luxury items. J.D com was the first online market where such items would be accessed. To satisfy his customers, Liu invested in an easy to use interface that is simple and accessible to online shoppers.

 

Find more information about Liu on https://www.jonesday.com/rliu/

 

JD Setting An International Example For Companies Going Green

In an effort to reduce their carbon footprint, companies around the world are introducing environmental initiatives of their own. One such example is the major Chinese e-commerce retailer, Jingdong, also known as JD.com. Jingdong recently launched the “Green Stream Initiative”. The new initiative to deliver products in the reusable green boxes has been welcomed across the industry and is expected to be replicated by other companies soon.

 

The company has created recyclable green packaging that will both save the company money and reduce waste. Their recent step in the article “JD.com Launches New Reusable Package Initiative” is a big one. It signifies that the company has put their full force behind making the company a truly environmental company.

 

Jingdong’s new “green box” program is estimated to save the company 32.5 million yuan per year if only 10% of their customers choose to participate. The company offers the green box as a free option during checkout. In order to persuade customers to participate, Jingdong is offering the incentive of special Jingdong loyalty points to customers that choose green packaging, which then can be exchanged for free products from the website. All customers have to do to earn these Jingdong points is return the packaging to the carrier after they receive their delivery. Additionally, the reusable packaging can be used up to 10 times for small and medium items like cosmetics, small electronics, and jewelry. In contrast, the reusable boxes is not an option for food orders.

 

In addition, Jingdong hopes to have the new green packaging program launched in 20 different cities by the end of 2018. Just one of Jingdong’s green initiative programs, the green box program is expected to reduce the number of boxes that Jingdong utilizes in their supply chain by 10 billion per year. This shift, along with their use of solar and hydrogen powered delivery vehicles, elevates Jingdong as a crucial leader in environmental-friendly business practices. Following suit, other major retailers around the world may will soon introduce similar reusable packaging programs. Read This Article for additional information.

 

As major companies like Jingdong rethink how they way that they conduct business impacts the environment, we will see better management of our natural resources. Businesses are finding that looking into green options can save them substantial amounts of money each year, as Jingdong found with their reusable green boxes. Consequently, Jingdong is proving that not only is going green a good decision for the environment, but it can be smart way to save a company’s monetary assets.

 

More about JD.com on https://baike.baidu.com/item/%E4%BA%AC%E4%B8%9C/210931

Richard Qiangdong success To His Company

 

The 21st century is marked by technological advancement. This has seen many nations and businesses changing their methodologies from manual to digital. In the entrepreneurial world, for example, businesses have taken a shift from physical location based on online based. Change has proved to a constant factor in man’s engagements.

Often change comes unaware, but one has to reorganize himself to adapt to the changing circumstance. In the business world, opportunities and circumstances cause businesses to change to different platforms of engagements. This is the case with the Chinese most celebrated innovative business tycoon – Richard Liu Qiangdong. Richard Liu Qiangdong has contributed to a great deal in E-commerce. He is the man behind the prestigious and most popular JD.com.

 

Background of Richard Qiangdong

Richard Liu Qiangdong was born in 1973 in China. He pursued his degree in the People’s University of China where he enrolled for Sociology. He, however, spent most of his time doing computer programming, something that changed his life in the business world. He has one wife, Zhang Zetian, who is an internet celebrity and two children. Go To This Page for additional information.

 

Richard Liu Qiangdong career, progress, his company

Although Richard Liu Qiangdong had a desire to become a politician, his career dream shifted to entrepreneurship. His family has a track record of entrepreneurial practice since his parents were business people doing coal business across China. Having finished his career study, he settled on different kind of jobs including opening up a restaurant.

However, the business never went successful, forcing him to establish Jindong as an organization that specialized in computer hardware and software supply. Liu experienced vast growth in the business making him expand it to an online business. He named the new business JD.com. Currently, Richard Liu Qiangdong is the CEO of JD.com, also referred to as Jingdong mall.

Richard Liu’s JD.com has experienced significant growth under his leadership. The company is the leading online business in China. It has a potential management structure with well-defined goals and strong customer relationship that has enabled it stands tall amidst previous economic breakdown.

Finally, Richard Liu Qiangdong has invested in seeing JD.com soaring globally and beat other competitors in the market. The company has a well-established working system with qualified staff and almost controlling the economy of China. Thanks to the ideas of Richard Liu Qiangdong.

 

Source Article: https://www.thecasecentre.org/students/products/view?id=148717

Jingdong Makes Major Steps In Improving Urban Logistics Technology

Jingdong is an e-commerce company in China as well as a Fortune Global 500 member. The company puts client’s satisfaction first thus providing a retail experience that is enjoyable through the company website which is user-friendly and full of content. The company offers a wide range of products that retail a very competitive price that is delivered within a short period. The payment method provided is also convenient, the client can pay in person or pay online and wait for delivery which is reliable. Jingdong is building a national infrastructure that will enhance the goods delivery to every corner of the country.

 

Jingdong Mall is devoted to service delivery by use of automation technology for China’s smart cities. In October 2018 during the Global Smart Supply Chain Summit, Jingdong, through the “Smart Logistics Institute” announced that the company has intentions of developing logistic hubs, huge cloud computing platform for the centers, excellent design and many more. The Institute founding members include the Beijing Wuzi University, Nankai University, Beijing Jiao Tong University, Shanghai Maritime University, and the Institute of Comprehensive Transportation at the National Development and Reform Commission.

 

According to a recent study, freight vehicles contribute significantly to environmental pollution via traffic emissions, and they cover up to a third of the road capacity. The increased urbanization in China has increased environmental pollution, and the “Smart Logistics Institute” primary focus is to create an environmentally friendly system of logistics in all urban set ups. The main focus will be on the underground logistics system that will utilize the existing municipal tunnels and pipes corridors. The clandestine move will preserve the above ground clean environment; it will reduce the traffic on the roads as well as increased efficiency in delivery. See This Article for more information.

 

According to Chen Xiangsheng, the Director of the Chinese Academy of Engineering, the underground space utilization is a game changer that will reduce traffic problems, save on the ground space, and reduce environmental pollution. Jingdong is the only e-commerce company in the world that delivers goods to the client’s doorstep and with a fully automated fulfillment center as well as the first company to utilize drone delivery.

 

Source: https://global.jd.com/

How JD.com Is Helping Small Companies To Improve Logistics And Supply System

 

For a company to remain relevant and maintain its market niche, it has to keep innovating, and coming up with new business models. Of most importance, the business models should be of service not only to the company, but to other players in the industry, especially in an industrialized country like China.

JD.com, also known as Jingdong Mall is China’s largest internet and e-commerce Company, and one of the most innovative organizations in the country. The firm has continued to come up with solutions to counteract countrywide challenges in the business.

Consequently, Jingdong has established the JD Cloud Warehouse Management Solution, a smart online system to solve supply chain problems. Besides, medium and small-sized businesses are using the system to make their supply chains more efficient and productive. The system which was unveiled by Jingdong late last year leverages JD.com’s well-established supply chains and blue-chip technology, to completely revamp current warehouse management systems.

By utilizing the system, any business can streamline its supply chain system and double the volume of orders and customers, because of increased efficiency and productivity. The new service also allows Jingdong Mall, to lease some of their idle space in their warehouses to other companies.

Thanks to the size of JD.com, their infrastructure, and logistics facilities are one of the largest and most operationally-sound systems in the country. Therefore, leasing its infrastructure to third parties goes a long way in boosting the efficiency of the whole logistics industry in China. Also, other companies can partner with Jingdong, and fully utilize JD’s first class delivery service. Read This Article for additional information.

Yaodong Jiang, who spearheads the JD Cloud Warehouse Management Solution, says that the program will not only increase the speed of delivery to customers, but also help in creating more stable and sustainable businesses in the country. So far, Jingdong’s system has been utilized by many businesses including Juzi, an e-commerce service provider.

True to the promise of JD’s system, it has enabled Juzi to improve their supply chain management, which would have been otherwise, according to Jiechun Huang, the General Manager of Juzi. Yaodong further adds that they are looking for more ways of improving the system, as they aim to help more companies countrywide to improve their warehouse and supply chain systems.

 

See also: https://baike.baidu.com/item/%E4%BA%AC%E4%B8%9C/210931