Historical Figure
Liu Qiangdong
b. 1973
Chinese Internet entrepreneur (born 1973)
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Biography
Liu Qiangdong (Richard) (Chinese: 刘强东; born March 10, 1973) is a Chinese Internet entrepreneur. Liu founded JD Multimedia as a business-to-consumer single retail store for magneto-optical products in June 1998 and later moved the company into an e-commerce website known as JD.com (also known as Jingdong) in 2013.
In Their Own Words (5)
We sincerely hope that the epidemic will be over soon, but regardless of circumstances, we always seek to improve the service experience for our customers and create value for our customers.
cite web|url= https://seekingalpha.com/article/4328860-jd-com-inc-jd-ceo-richard-liu-on-q4-2019-results-earnings-call-transcript , 2019
When faced with the uncertainty of the future, we retain a sense of awe — but we will always think and act as though we are experiencing day one. We will continue to strengthen the supply chain infrastructure construction and contribute our professional insights and innovative solutions to a better and more sustainable future — and time will prove our original aspirations and beliefs.
cite web|url= https://ir.jd.com/system/files-encrypted/nasdaq_kms/assets/2022/05/23/14-48-50/2021%20JD.com%20Environmental%20Social%20and%20Governance%20Report%20-20MB.pdf , 2022
When SARS occurred 17 years ago, JD was a very small company and we personally experienced then just how devastating an epidemic situation can be to both businesses and the people's lives. That's why today, JD will do everything we can within our power to serve our customers and as well as society.
cite web|url= https://seekingalpha.com/article/4328860-jd-com-inc-jd-ceo-richard-liu-on-q4-2019-results-earnings-call-transcript , 2019
We should always have 'high aims and dreams.' If we keep this motto in our hearts, we won’t be bothered by trivial matters. A few day ago, I read in the newspaper that a girl still in junior high jumped out of a window and committed suicide because of her boyfriend. If only she could see further and realize there are smarter and cuter boys in the world. Let’s commit that lesson to heart and explore the future of the world. Never forget to look up and see further, so that we can see more and achieve more!
cite web|url= https://pandaily.com/richard-liu-reveals-childhood-dream-taste-meat/
But every person must have the desire to push oneself to the limit!
cite web|url= https://www.reuters.com/article/us-jd-com-labour/chinas-jd-com-boss-criticizes-slackers-as-company-makes-cuts-idUSKCN1RP06D
Timeline
The story of Liu Qiangdong, told in moments.
Opens a small electronics stall in Beijing's Zhongguancun tech market. Sells CDs, VCDs, and magneto-optical drives. He insists on authentic products when most competitors sell counterfeits. Customers notice.
Moves the business online, founding JD.com. His key bet: building warehouses and delivery infrastructure instead of relying on third-party logistics. Everyone says it's too expensive. He does it anyway. By 2010, JD.com has over 10 million customers.
Takes JD.com public on the NASDAQ. It raises $1.78 billion, the largest Chinese IPO in U.S. history at that time. Liu owns about 20% of the company. The kid from Suqian is a billionaire.
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