The good thing about Richard Liu Qiangdong, founder of JD.com, is that he has not become complacent even after achieving ultra-success with his company in the last few years. Many people would take a break or move to back seat after meeting the kind of success that Richard Liu Qiangdong has made in the past decade and a half.
From being a student in Beijing who had to struggle to get money for food while completing his bachelor’s in sociology from the People’s University of China to now being worth more than $12 Billion, Richard Liu Qiangdong has come a long way, and deservedly so. See This Page for more information.
Richard Liu Qiangdong said that what motivated him the most to not give up even during tough times and when his other business ventures failed miserably was the drive to provide for his family. Richard Liu Qiangdong never forgot the time when his family didn’t have enough money to buy train tickets for him to go to Beijing to complete his graduation or when his mother-in-law was ill, but he didn’t have money to provide expensive medical care.
Richard Liu said that he wanted to come out of living in poverty and was so desperate that he didn’t even have time to celebrate his success when he achieved it. Currently, Liu Qiangdong is planning his next moves for JD.com, focusing mainly on taking the business operations of the company to foreign territories.
Richard Liu Qiangdong believes that JD.com has gained an important stronghold in the Chinese e-commerce market, and the next natural move is to go beyond China’s border. As of now, the focus is to enter the European and South Asian markets. Richard Liu Qiangdong said that the company’s business development team is already in talks with the regional partners abroad on how to ensure seamless entry in their markets.
Richard Liu Qiangdong said that JD.com would get a good response from the customers abroad because of the high demand of the Chinese products across the globe, and the excellent customer service for which JD.com is known worldwide. The expansion plan by Richard Liu is expected to be materialized in the next couple of years.