• February 16, 2022

Richard Liu Qiangdong – The Chinese Internet Entrepreneur Who Built JD.com

JD.com has been a major player in the Chinese online market since it was founded in 2004 by Richard Liu Qiangdong. The company has grown into one leading worldwide e-commerce providers, with a presence in more than 190 countries. JD.com is home to various products and services, including furniture, appliances, jewelry, education, and medical supplies. JD.com has made huge profits through its online sales model, allowing customers to buy items directly from merchants without a middleman.

Chairmanship and CEO of JD.com

Richard Liu is the chairmanship and CEO of JD.com, formerly Jingdong and 360buy Ltd. In 2004, Richard Liu was named CEO of JD.com. In his time as CEO, he has led the company from its origins as Jingdong to become one of the world’s leading online retailers with over 2 million customers in over 190 countries.

Before founding JD.com, Richard Liu served as the deputy general manager for Zhongshan Xinxing Technology Co., Ltd., a technology company in Beijing that JavaSoft Inc. soon acquired.

During his time at JavaSoft, Richard was responsible for developing JavaSoft online business strategy. In 2000, he founded 360buy Ltd., a technology company that developed a new way to buy digital items online based on user feedback.

In 2017, Richard Liu Qiangdong became an official “Variety 500 Honoree” due to his hard work and service to the world.

The Growth of JD.com

JD.com, formally Jingdong and 360buy Ltd., was founded by Liu Qiangdong, in 2004. It has developed into a leading online retailer, since then. The company sells different products, including books, software, apparel, food, and other items. In 2016, JD.com earned U.S.$20 billion in sales and $16 billion in net income.

The Business Model of JD.com

JD.com is a digital commerce company that sells items and services over the Internet. It was founded in 2004 by Richard Liu Qiangdong and his team of entrepreneurs. The company charges customers a subscription fee for access to its online stores, including businesses of all sizes. Customers can buy products and services using several digital channels, including email, social media, and mobile apps. See this page for additional information.

 

Find more information about Liu Qiangdong on www.joybuy.com/liu-qiangdong-jd-ceo-about