Journey From Selling To E-Commerce Platform

  A failed restaurant business in mid-twenties would have been a setback for many, but for Richard Liu Qiangdong, the founder and CEO of Jingdong. it was a stepping stone for his next initiative. After a short time of selling healthcare products, Richard Liu stepped into retail, setting up his own ‘Jingdong’ store that sold computer accessories in Beijing, China. JD.com or also known as Jingdong, expanded to about twelve stores when Richard faced the next big challenge in 2004, in the form of SARS epidemic that broke out and made face to face interactions with customers who could possibly infected a risky proposition for his employees. The downside was…
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Richard Liu Qiangdong: China’s Leading Online Retailer

  Richard Liu Qiangdong is a Chinese entrepreneur known for creating JD.com, one of the largest online retailers in the country. The company recently announced that they would be creating a single network for their logistics department, and the entire warehouse locations and the delivery vehicles that they used in the past will automatically become a part of the development.   Richard Liu Qiangdong stated that they wanted to increase the effectivity of their delivery services, and he believes that creating a single network for their logistics department will address some of the issues faced when shipping their products. Under the new logistics department of JD.com, even the farthest territories…
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