Richard Liu Qiadong has been an idol for every up-and-coming entrepreneur. He has grown companies from the start to multibillion-dollar and empires. He started off as an ordinary student, obtaining a degree in Sociology from a university in China. Afterwards, he took some time out to understand what he needed from life. He chose to pursue his dreams in computer coding and technology. Richard Liu Qiangdongs experience from that field allowed him to land his first role as an employee of Japan life. Japan life was a herbal company that helped clients through health difficulties. Soon after, he was elected to the post of head of computing department by the company’s because of his experience versatility and skill in that field.
It made him a force to be reckoned with and his success was unprecedented after a couple of years. The company obtained higher profits than before he was present. After about five years in japan life, Richard Liu Qiangdong resigned from his post and started his own shop. It was quite successful and his success let him open other shops within the region. The shop sold magneto-optical products and offered the customer services to those who needed them. They were very industrious in their field, they avoided doing shady things. The customers love them and because of their success, he opened about 10 other shops around the region once they were settled down, challenges came up one of such challenge was the SARS outbreak that really hit China in the early 2000’s.
At the dawn of the 21st century, Chinese people found it really hard to move in public spaces without a nose guard. Due to this reason, the company was not as profitable as before and suffered a bit because of the infectious outbreak. Richard Liu Qiangdong decided it was wise to close down all the shops and use the proceeds to open up an e-commerce platform that will be for profitable than its current venture. He wasn’t wrong and jd.com is currently a multi-billion dollar company and show no signs of stopping anytime soon. Companies like WeChat and Walmart have invested in the progress of the company, this means their future is heavily guarded.