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JINGDONG MALL

Meet Liu Qiangdong, The E-commerce Guru

 

Richard Liu Qiangdong is the founder and CEO of JD.com, an online retail company that focuses on e-commerce. He is an alumnus of the famous Renmin University in China where he graduated with a degree in sociology. Richard had an interest in entrepreneurship and began his first venture only two years after graduation.

 

Inception of JD.com

 

In 1998, Liu Qiangdong opened a retail magneto-optical products shop in Beijing. Richard Liu Qiangdong idea was to take over the market and become the best electronic products provider. After a few years, the business picked up, and he renamed it “Jingdong”, a name coined from the last character of his name and his then girlfriend’s name. Go To This Page for related information.

 

By 2003, Jingdong expanded all over China and had 12 affiliate stores spread across the country. Then came the famous SARS outbreak that made Liu Qiangdong close the affiliate stores and focus on selling the products via the available online platforms. This was the beginning of the e-commerce business for Jingdong.

 

Performance of JD.com

 

Years down the line, the company has transformed to be one of the biggest e-commerce retailers in China. Currently, JD.com is worth over $12 billion, and we can only expect the figures to go up in the coming years. Liu Qiangdong has put successfully put up mechanisms that have made the company have progressive growth.

 

Liu Qiangdong is a hardworking and results-oriented who will stop at nothing than success. He has vast experience in e-commerce, and this puts him ahead of his peers. Liu Qiangdong ventured into e-commerce at a time when nobody would have ever thought that people will rely on online platforms to make purchases and sales. His relentless spirit is what has made him successful in most of his ventures. Additionally, he has employed a team of qualified personnel who are tasked with the responsibility of ensuring that JD.com is at par with the current technological developments.

 

Richard Liu Qiangdong is the perfect embodiment of how an entrepreneur ought to be like. He has proven beyond doubt that we should never give up but instead keep pushing on till we get the desired results.

 

Visit: https://www.wealthx.com/dossier/qiangdong-liu/

Pushing The Envelope: JD.com

 

JD.com or Jingdong is a company that first took flight in 1998. In the next twenty years, the company has become the leading online retailer in China just like Amazon in the United States. The company was originally a brick and mortar store and sold directly to consumers. When founder Richard Liu saw the potential for internet sales, Jingdong entered a new phase and JD.com was born. Since the switch, the company uses a combination of physical stores and online sales to make the company profitable. Now it pushed the envelope in the world of world of technology by testing drones.

 

In early 2019, JD.com was granted permission by the government to test a flight of a drone. The test took place in Indonesia and was the first of its kind. The drone delivered a pack of backpacks to a group of school children. This test has helped set the precedent for making commerce easier for people and businesses. This test allows Jingdong to give back to the customer base and be able to help as many needy children as possible.

 

Jingdong Mall has been at the forefront of giving back and partnering with other companies in China and Indonesia. With this success of this test, Jingdong will be able to help provide faster service to more than twenty million customers in Indonesia.

 

This drone test can help set Indonesia apart from other countries in the world. It can allow more people to get things much faster and at a cheaper price rather than waiting for more traditional delivery methods. By being able to make headway in Indonesia Jingdong can continue to provide the fastest service possible to a whole new market of consumers.

 

Richard Liu had no idea what he has been able to accomplish in the last two decades. The result of his hard work and determination has paid off in a big way. He has been able to raise the bar in many different industries. He has been able to make Jingdong one of the leaders in e-commerce. JD.com must advance with technology or get left behind in a constantly shifting landscape. Click Here to learn more.

 

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Career Journey Of Richard Liu Qiangdong

 

Being the founder of JD.COM, Richard Liu Qiangdong has ensured that people get access to their preferred goods based on the time they need them. His firm is ranked as the largest online retail shop in China. The firm has outdone most companies in the country, thanks to the great strategies employed by its executives in its management.

 

Richard Liu has also employed the use of innovative measures to ensure that the company continues to grow faster to address the many needs of its clients. The firm has attracted many customers over the years, and as a result, it has continued to expand its services and affiliates in many parts of the country like Shanghai, Beijing and many more.

 

Richard Liu Qiangdong is known for the cautious measures he partakes when it comes to the operation of his firm. He always has engaged with other smart people in the industry to learn from them. Richard Liu Qiangdong  always puts JD.com at the forefront and he believes that its successes are always based on the actions he takes on his daily activities. In every conference that he holds, he seeks to engage with his customers and employees to pay attention to their opinions and views about the firm.

 

He has always reviewed the discussions held at his meetings to learn better ways through which he can make big developments to his firm. The perseverance he has worked towards his work has seen him stay strong even at times of challenges. Liu has also encouraged many upcoming individuals and those already in the sector not to despair no matter what they go through in their operations. Go Here to learn more.

 

Richard Liu Qiangdong has also taken part in a vast number of innovative projects through the help of his employees and he seeks to improve the world through his ideas. He recently helped in enhancing and bringing development in the logistics sector he seeks to build an underground tunnel for freight vehicles to reduce the level of pollution in the country caused by such machines. The continuous efforts of Richard Liu Qiangdong have enabled him to make lives better for many people across the globe. And in 2017, Richard Liu became a “Variety500 Honoree” as a result of his persistence, innovation, and hard work.

 

See also: https://www.forbes.com/profile/richard-liu/#138384a22677

 

JD.com Leads The Way On Environmentally Responsible Retail

 

As the world’s biggest retailer, there is pressure on JD.com, also known to many as Jingdong Mall to be environmentally conscious. The company has done just that with a string of technological developments aimed at cutting down waste and pollution.

Jingdong Mall has changed the way it processes, delivers, and packages its products to help the environment. The company has a huge logistics operation. It has even built some of those logistics underground to reduce the need to have above ground infrastructure. That above ground area can then be used for parks and other environmentally friendly projects.

Jingdong Mall has made use of other technology in the way in delivers its products. The company processes billions of transactions a year, and it uses drones to deliver many of those packages. It is also using driverless robot vehicles that can drive around towns with no need for fossil fuels.

The packages themselves have changed. Many packages are now recyclable. If customers choose, they can receive their products in packages that can be reused. Delivery drivers can take the packages back, and they can be used up to ten more times, Delivery drivers can also pick up returns, so the customer does not have to mail them back. Get Additional Information Here.

JD.com has even reduced the amount of tape it uses on its packages. It has reduced the amount of tape needed by 100 million meters in the last two years. The JD Foundation also partners with worldwide agencies like the United Nations Development Program to help reduce waste. JD.com recently took part in a program to recycle clothes and toys. Not only did it cut down on waste, but it also gave toys to children in need.

Jingdong is always looking at ways to help the environment, and it is hoping that its example will inspire other retail and e-commerce companies to do the same.

 

Visit: https://global.jd.com/

 

Richard Liu Qiangdong, Chief Executive Officer Jd.Com

 

Richard Liu started his company in the year 1998, whereby he says that the name of the company came as a result of him joining the last characters of the his girlfriend’s name together with the last characters of his name. He attended college in Beijing, China whereby he had the ambitions of starting his own business instead of being employed by the government.

Richard Liu Qiangdong opened a couple of computer selling stores and during the SARS epidemic, his business was adversely affected as he sent his employees home while he, together with other managers remained to operate the stores. However, it was during this time that the idea of online selling hit him together with the rest of the managers and due to its many advantages such as low cost Richard Liu decided to adopt it for his business.

Honesty within his online business is what majorly attributed to its success as many of the online sellers at the time sold counterfeit products. JD.com majorly specialized in technology products such as mobile phones at the time of its inception.

Currently, JD.com has quite a large number of employees and its C.E.O. Richard Liu aims at making the company to be the leading e-commerce platform in the world. The company mainly deals in three major areas that is; e-commerce, logistics and technology whereby Richard Liu also aims at expanding provision of these services to other parts of the world other than China through the use of different strategies such as acquisition and cooperation with local partners.

After ordering an item from the company, a period of time is set after which the product is delivered to your doorstep depending on your location. The company offers a wide variety of products whereby the company is concerned about price fairness and efficiency within its operations. See This Article for additional information.

According to Richard Liu, being wealthy is a position of responsibility rather than burden or pleasure since one can use the wealth as a resource in helping to build the society in general or one’s own company. It’s for this reason that he has donated some of his money for charity.

In an article on AACSB.edu, Liu was listed as one of the “Most Influential Leaders”. As a testament to Liu’s admirable business practices, he has received numerous national and international awards for his entrepreneurship, business influence, innovation, and leadership.

 

View source: https://www.therichest.com/celebnetworth/celebrity-business/men/liu-qiangdong-net-worth/

JD.com Partners With Intel To Launch The Largest Innovative Retail Campaigns

 

JD.com, also known as Jingdong continues to be one of the most sought-after companies to be partners with this year, In fact, JD.com has announced that they have finalized a deal to work with computer giant Intel of China to introduce to the public next-Gen vending machines, store technology for brick and motor shops and a various amount of improvement on digital billboard advertising.

Recently, scientists have been able to intertwine Intel’s RRI edge computing and its OpenVINO computer vision which with Jingdong’s elaborate algorithms of customer traffic that will surely benefit both companies.

V.P of JD.com Zhi Weng stated that these joint efforts along with the sharing of technologies will bring cutting-edge technology and service to their customers, an improvement the company will no doubt be enjoyed by the public. VP of Intel & General Manager Wei Chen also commented on the partnership by saying that Intel is excited to work with China’s largest retailer and leader in data-driven technologies. The partnership with JD.com will allow Intel to take advantages of the many innovations that have occurred. There is no doubt that Intel and Jingdong will be one of the best things to happen to China. Read This Article for additional information.

The question begs, why would Jingdong simply lend their incredible algorithms to other companies when they could just invest in it themselves? The answer lies in JD.com’s vision of “Retail as a Service” strategy The sharing of data and some of the most cutting-edge discoveries in technology should not be kept to ourselves, in fact, Jingdong continuously offers small store owners the ability to utilize their technology in their stores.

By doing this Jingdong assures that the public will receive the best quality products and food. With this new partnership with Intel, Jingdong will be able to build on these systems along with creating an overall all better retail ecosystem that will benefit the country for years to come.

 

See also: https://www.chinamoneynetwork.com/2018/10/18/jd-com-opens-up-its-logistics-network-to-users

Richard Liu Qiangdong, The C.E.O Of JD.com

 

A Chinese Billionaire Richard Liu Qiangdong is the founder of JD. com. JD is an online platform business which deals with a variety of products including both men and women wear, consumer products and electronics. Richard Liu build the company from scratch since he did not have adequate capital to start the business, his determination made him formulate new ideas to make JD.com grow.

 

The name JD. com was from his first girlfriend’s name and his name combined. When SARS outbreak struck in 2004, Richard Liu feared that his staff members would be affected; hence he permitted them to stay at home. Richard Liu Quiangdong with the help of his employee who was a manager at that time decided to start a business where they would serve their customers from their homes. They created JD.com website at the end of 2004.

 

Marketing and selling their products through Amazon, JD.com proliferated. Currently, the company has more than 167,000 employees, and the number increases as time goes. JD.com has a market worth of approximately 60 billion US Dollars. Go To This Page for related information.

 

The set objectives of JD.com is to provide high-quality products and improve their services to all their customers all over the world. Richard Liu also strives to make JD.com the number one e-commerce business across the globe. Richard Liu is determined to ensure that all the stakeholders of JD.com get profit.

 

When a customer orders the product from JD.com, they are given feedback at what time they are to expect the delivery. For instance, the people in Beijing receives the requested product in 6 hours. Customers in areas such as New York get their delivery in about 20 -hours maximum, equal standard services are provided to each customer.

 

Despite the competition from Walmart company, JD.com emerges to be the top as their products are all original and there is a variety from which the customer can choose.

 

Soon, Richard Liu aims at expanding JD.com to other parts of the World including South East Asia, Europe as well as in America. This expansion will be possible through forming mergers as well as using local partners.

 

See Also: http://usa.chinadaily.com.cn/epaper/2017-03/09/content_28492448.htm

 

Jingdong Launches Research Institute For Smart City Logistics

 

JD.com has always been devoted to keeping up with the latest technology in order to make their e-commerce business the best that it can be for their customers and partners. They have recently announced the launch of a research center located in Xiongan, China. This research center will be dedicated to studying and developing automation technology that will be used in China.

 

The planned Jingdong research center was announced at their Global Smart Supply Chain Summit. The 2018 JD Logistics summit took place on October 18, 2018, in Beijing, China. The planned research center will be known as the “Urban Smart Logistics Institute” and will focus on a lot of different areas such as cloud computing platforms, urban logistics systems, and big data among others. The founders of the institute include many leaders in technical education such as Nankai University, Shanghai Maritime University, and Beijing Wuzi University.

 

One of the main logistical issues that JD.com is addressing is the contribution of freight vehicles. While they may be able to transport large amounts of goods, the traffic emissions caused have a bigger impact on the environment than other methods. In addition, they also cause a lot of problems when it comes to the congestion of the roads that they are traveling on. Jingdong is looking into ways to make shipping products in urban areas more efficient and better for the environment. Refer to This Article for more information.

 

A possible solution to the problems caused by shipping with freight vehicles that is being looked into by Jingdong is the concept of subterranean systems. This would alleviate some of the the traffic issues that freight vehicles cause. By moving the logistics of JD.com underground, they would be able to create a more aesthetically pleasing solution that would offer fewer disruptions to the daily lives of the people living in these urban areas. It’s important to use as much available space as possible when developing a smart city and underground travel and logistics is an important way to contribute to this. By saving urban space, putting less stress on the environment, and helping with traffic Jingdong is hoping to change logistics across China and possibly the world.

 

Source Link: http://www.freshplaza.com/article/9021017/china-jd-com-wants-to-ship-fruit-from-all-over-the-world-to-china-in-48-hours/