The e-commerce industry has been growing at a rapid pace and at the center of it, are a few prominent online marketplaces that have set the tone for the industry. One company that stands among some of the biggest names is JD.com, a Chinese online marketplace that has been operating within the realm of online shopping for an extensive period of time. The company was founded by Richard Liu Qiangdong, who is a prominent businessman from China.
Richard Liu Qiangdong always believed that he would one day lead a company of his own, and always wanted to build something that people would remember. He also knew that any kind of business requires an incredible amount of hard work and dedication and is something that requires an incredible amount of hard work. He was prepared to do the work that was needed to be able to build a successful company and believed that he could bring his ideas to life.
Technology and programming was something that Richard Liu Qiangdong was always intrigued by. Even though he was pursuing a business degree from one of the most prestigious universities in China, he decided to learn on his own and started to code. This was something that helped him later on as he started JD.com. One of the first jobs that Richard Liu Qiangdong worked at was a position with a company that sold goods to large marketplaces. After working for a while in this position, he decided that it was time to start working on his own and start up his own company. The first company that he decided to build was a store that offered a range of goods and products from different brands. At the time, Chinese markets were filled with fake or duplicate goods that people were often against. The store tried to offer a range of genuine products, which is what set them apart from others within the industry.
During the SARS outbreak, Richard Liu Qiangdong was put into a position wherein he had to rethink his entire business plan, which caused him to move his store to an online medium. This resulted in the birth of JD.com
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