Richard Liu Qiangdong; CEO Of The Biggest Tech Company
Richard Liu Qiangdong is the CEO of the Beijing-based tech company JD.com. Launched in 2010, JD.com is now China’s third largest eCommerce company and has an 85% market share in electronics and household goods online shopping in China.
JD started as a B2C business but has since rebranded to include B2B services like JD Finance which provides supply chain financing to suppliers as well as white-label eCommerce solutions for retailers, distributors and manufacturers. Liu Qiangdong is one of China’s top ten most influential people according to Forbes magazine, and was awarded “Most Innovative CEO” by the Baofeng Group 2016 Awards ceremony. Recently JD announced its expansion into South East Asia with the introduction of a Singapore subsidiary.
Richard Liu was born in Zhejiang, China, and grew up in northeast China’s Jilin Province. His father was a university professor specializing in economics and statistics. He received his Bachelor of Engineering from Jilin University in 1995.
After graduating, he worked at the Shenyang Aircraft Corporation for two years, then spent nine years at IBM, where he developed an interest in eCommerce and joined IBM’s Corporate Technology division to manage strategic investments, acquisitions, and product development across Asia-Pacific. Liu then became CEO of Stella International Holding Pte Ltd, an online entertainment company that he founded with his wife, Wang Xi, who is also JD’s Chief Marketing Officer.
Richard left IBM in 2012 to co-found JD.com with his brother, Wang Wei, a former vice president at Goldman Sachs and current vice president at China Mobile. The company was originally launched as the parent company of retail eCommerce website Yimishiji.com.
In January 2013, Liu revealed that the company was rebranding and relaunching with an online “worldwide retail platform”. The new name was intended to be short and have a Chinese or Mandarin character sound to represent the rise of eCommerce in China, which is expected to generate 40 million Chinese graduates by 2020. Liu described this idea as “Big Data for the small world”. See related link for additional information.
Visit his page on http://richardliuofficial.com/
Richard Liu Qiangdong is the CEO of the Beijing-based tech company JD.com. Launched in 2010, JD.com is now China’s third largest eCommerce company and has an 85% market share in electronics and household goods online shopping in China. JD started as a B2C business but has since rebranded to include B2B services like JD Finance…