Richard Liu is a Chinese entrepreneur and the founder of JD.com, one of the largest online retailers in China. He’s also recognized for his philanthropic work with charity organizations like Save the Children and various disaster relief efforts. This article will explore Qiangdong Liu’s background and how he became such an influential businessman.
Born in Suqian, Jiangsu province, in 1974, Liu Qiangdong was one of six children. His father was a civil servant, and his mother was a homemaker. Liu showed an early interest in business, selling vegetables that he grew at the local market when he was just 12 years old. After high school, Liu attended Renmin University, where he studied Economics. While attending university, Liu started working for Japan-based internet company Rakuten as a translator and salesman. He would later become the company’s Deputy Director of International Operations.
In 1998, Liu returned to China to start his business venture. With just $30,000 borrowed from friends and family, Liu founded JD.com. The company started as an online retailer of pharmaceuticals but quickly expanded into other product categories. The JDcompany is currently the largest eCommerce company in China, making great sales of over $50 billion.
In 2015, he was named a “Global Philanthropist” by Forbes magazine. That same year, Liu founded the “Rural Education Foundation” to help improve educational opportunities for rural children in China. He’s also donated millions of dollars to charity organizations like Save the Children and various disaster relief efforts.
Qiangdong Liu is a self-made billionaire and the founder of one of the largest online retailers in China. Liu is a philanthropist who is greatly appreciated and has received numerous awards, including “Global Philanthropist” by Forbes magazine (2015), as well as being listed among Business Insider’s list of most influential people on Chinese social media (2016).
Learn more about Richard Liu: http://Twitter.com/liu_qiangdong