Richard Liu had a vision of building an e-commerce business that will enable Chinese people to purchase items from the Western world. Richard Liu Qiangdong also envisioned a delivery service that would be suitable for China’s geographical conditions. Liu is now known as the founder and CEO of JD.com, one of China’s largest online retailers.
JD.com is currently valued at $40 billion in the stock market, making it a lucrative business opportunity for investors. The company has expanded from only delivering products to China and now delivers items everywhere in the world using its delivery service called J-Express. Besides, it is also opening up a physical store where people can come in and buy items that can be delivered within the same day by J-Express.
Qiangdong has dramatically revolutionized the e-commerce sector through JD.com, which has resulted in the company becoming one of China’s most highly-valued tech startups. Currently, the company competes with big brands such as Amazon, eBay, and Alibaba.
Having attained significant milestones in the e-commerce sector, Liu Qiangdong will forever be remembered for the e-commerce vision to empower Chinese people to purchase items from across the world. His company JD.com is a testament to his far-sightedness and foresight in this industry that has become one of China’s most valuable tech startups today.
Note that JD.com was established like any other business startup, meaning that it was not established with the primary aim of becoming a multinational corporation. The initial objective of setting up JD.com was to enable Chinese people to purchase items through different online platforms. When the SARS pandemic affected China, Richard Liu decided to convert his shop into an e-commerce platform because he felt it was necessary to establish a business that will withstand all conditions. See related link to learn more.
Today, JD.com has expanded its services and is an e-commerce platform that uses its delivery service to supply its items across the globe.
More about Liu Qiangdong on https://www.f6s.com/liuqiangdong