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