What Richard Liu Did Right with JD.com
Richard Liu is the world renowned creator of JD.com. JD.com is the largest ecommerce platform in the country of China. Liu was able to grow his idea for one optical store into an ecommerce miracle. Richard Liu opened up his first optical products store in China. He had a business major, and he parlayed his education with his experience as a company director. Liu had 12 stores running well by 2003, but he knew that he was going to have to make some changes in his company model in order to keep up with the company’s success. Liu decided that he was going to revolutionize his company by selling all of his products online. This decision was due to a bad SARS outbreak in the country, and it was the idea that turn Liu Qiangdong into a multimillionaire.
The Unstoppable JD.com
JD.com was a success from its inception. At first, the company only sold the products that were found in Liu’s originals stores. Now, JD.com sells just about any product that a person can think of. More than just the products that JD.com sells, the methods that the company uses when it comes to dealing with its clients and customers is truly unique.
JD.com and the Love of China
Richard Liu Qiangdong is all about helping out the Chinese economy. He put together a delivery method that allows the company to deliver its products to almost every province in the country. Apart from that, JD.com works in conjunction with local vendors and local delivery companies in order to give work to local citizens. JD.com is dedicated to innovation. JD.com is always striving to find new ways to grow the company and to help out the community.
Read More: finance.yahoo.com/quote/JD/community/
