JD.com is best known as the largest online marketplace in China, with over 80 million products listed and 200 million visitors monthly. But behind the company’s success lies its founder, Richard Liu Qiangdong. Liu started JD.com in 2007 as an e-commerce company focused on Making Businesses and Consumers Social.
Over the last nine years, Richard Liu became one of China’s most publicly-recognized entrepreneurs and an internet pioneer who reshaped how business is done in China. Join us as we explore how Liu built his business from a small startup to one of China’s most popular e-commerce companies; his career highlights and lessons learned along the way; and what he plans for his next chapter.
Liu Qiangdong was born in the 1970s in a village called Chang’an in Jiangsu, China. He spent his childhood with his family in a small town called Jixian and attended primary, middle, and high school in Jixian. After graduating from high school, Liu went to a vocational college for two years before moving to Beijing in 1994 to study computer science at Peking University. While in college, Liu started his first company, a web hosting service, with a friend.
Qiangdong’s first company was called Beijing.com, and it was founded in 1994 as a web hosting company in Beijing. After only two years in business, the business was sold to a larger competitor who offered more money. Liu used the money to fund his next venture, a web development company called BBServers.com.
In 1999, he started making a name for himself by developing “a series of innovative Internet software products” and launched his third company, JD.com, in 2007 as an e-commerce company focused on Making Businesses and Consumers Social. Refer to this page for additional information.
JD.com was founded in 2007, and its first year of business was worth only $80 million. By 2010, the company was valued at $1.2 billion and made its first appearance on the Fortune Global 500 list. JD.com is best known as the largest online marketplace in China, with over 80 million products listed and 200 million visitors monthly.
More about Liu Qiangdong on https://www.jd.co.th/