Richard Liu is a Chinese entrepreneur and businessman with an estimated net worth of $8 billion. JD.com, founded by Richard Liu, is one of China’s top retailers, drawing similarities to Amazon.
Liu was born Liu Qiangdong on March 10, 1973, in Suqian, Jiangsu, China. His parents had a coal shipping business from north to south China. In 1992, he enrolled in the Department of Sociology at Renmin University of China after finishing primary school in Jiangsu.
However, he spent his spare time learning computer programming since he was concerned that his degree would not lead to strong work chances. He earned a bachelor of law in sociology in 1996 and a master of business administration from China Europe International Business School in Shanghai.
Who is Richard Liu married to?
While attending Renmin University of China, Richard Liu dated Gong Xiaojing. They split up in 2003. Liu had a son in 2006. The mother’s name is unknown to the public, though some speculate that Liu may have secretly married her. Liu married internet sensation Zhang Zetian in August 2015. Liu was 41 at the time, and Zetian was 22.
When Liu was a student at Columbia University, Zhang was an exchange student at Barnard College, which was linked with Columbia. Liu made their relationship public via his social media channel. Their marriage was legally recognized in August, and they married on October 1, 2015, in Sydney, Australia. In March of 2016, they had a daughter.
Liu got a work with Japan Life, a Japanese health product company, after graduating. He worked as the director of computers, the director of business, and the logistics supervisor while there. In June 1998, he established his own company, Jingdong, in a Beijing industrial park. Magneto-optical products were distributed by the company.
Following the SARS pandemic in 2003, Liu was forced to reconsider his business approach, since people were obliged to stay at home, and his brick-and-mortar stores suffered. He made the decision to switch to an e-commerce model. He developed his first retail website in 2004, and later that year, he founded JD.com. In 2005, he closed all of his physical locations and completely shifted to an e-commerce approach.
Liu has previously received an offer to sell JD.com for 18 million yuan by 2005. He declined the offer, believing that he would be able to oversee the company’s expansion in the following years. He implemented a full-category strategy for the company in 2007, shifting the company’s business model from selling consumer electronics to a far broader range of goods. It swiftly became one of China’s largest e-commerce companies, attracting comparisons to Amazon due to its comparable business style. As a self-made individual, Liu has been likened to Amazon founder Jeff Bezos.
Source: thpttranhungdao.edu.vn/en/
Categories: News
Source: thpttranhungdao.edu.vn/en/
