Richard Liu And His Journey To Success

Richard Liu Qiangdong is the Executive Chairman and he is the Chief Executive Officer of, formerly known as Jingdong and 360buy Ltd, a company he founded. Richard Liu Qiangdong has been serving in the same capacity as the company CEO since 2004, when the company got incorporated.

Qiangdong is a true entrepreneurial genius and recognizes the power in of broadening his horizons. Richard Liu himself is worth a staggering $11 billion. His success has skyrocketed with the company.

Liu Qiangdong is a Chinese born and raised in a tiny village known as the Chang’an located in the Suqian city’s outskirts in Jiangsu province. It’s pretty unbelievable that Richard Liu grew up in a town that lacked even the necessities we consider typical today. His village did not have clean drinking water for domestic use, and also, it got not connected to electricity.

Liu’s parents were slightly privileged as they descended from a relatively wealthy family. From early 1900, this family was heavily involved in merchant trade that comprises river transport across the famous Yangtze River. By the time young Liu Qiangdong was born, his family fortune had dwindled, and they had abandoned the river transport business. They were now engaged in peasant rice farming like other ordinary villagers in Chang’an.

Richard Liu got raised by his grandmother from his mother’s side as his family got busily engaged in work. He, therefore, got influenced a lot by his grandmother, especially when it comes to trade and handling other household chores. He particularly remembers that it’s through his grandmother that Liu got interested in cooking as he used to assist her in such duties. Visit this page for more information.

Occasionally, Richard would be allowed to accompany his grandmother to the local market to learn fast how to bargain and get more meat and peanut for less. Such tours to the local cooperatives introduced Richard to trade, and he lived up to that spirit up to this day. From an early age, Richard was a curious kid who wanted to experiment and innovate on various things around him. Richard Liu devised a method of separating reaming fat using hot water for use in the porridge.


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