Liu Qiangdong is the founder and CEO of JD.com, which is China’s largest online retailer. He started his entrepreneurial journey at the age of 19 when he opened a computer parts store in Beijing. In 1998, Liu graduated from Peking University with an economics degree and worked for Yahoo! in Silicon Valley for three years before returning to start Alibaba’s B2B marketplace in 2003. He created the business model that led to JD.com’s success by developing relationships with manufacturers and hiring his delivery force instead of relying on third-party logistics providers as Amazon does.
Liu Qiangdong is an entrepreneur and tech mogul who started his career as a college student in California before returning home to create Alibaba’s BBS platform. He opened up China’s first online retailer JD.com in 2003 after noticing that no businesses were using their deliveries rather than external companies for efficiency. Over time, Liu has continued to make changes within the company based on consumer demand while staying true to his original entrepreneurial vision from Silicon Valley over 20 years ago.
Liu is a Chinese entrepreneur and tech mogul. He founded the e-commerce company JD.com in 1998, which quickly became one of China’s most successful companies and went public on NASDAQ in 2014. Liu has been called “The Steve Jobs of China.” In 2017 he was named by Time magazine as one of The 100 Most Influential People in the World for his work with JD.com and philanthropic efforts to improve education worldwide through One Foundation
Liu has started his own business at the age of 23. He is now one of China’s wealthiest men; JD.com, an e-commerce company in more than 200 countries worldwide, was recently valued by Goldman Sachs at $60 billion.
Liu Qiangdong is an entrepreneur and tech mogul. He is the founder of JD.com, founded in 1998 as a retail website for selling electronics to consumers over the internet. According to Bloomberg, today, it’s one of “the biggest e-commerce retailers on Earth,” with sales topping $55 million per day!
In 2018, Liu made his debut on Forbes China’s “Self Made Billionaire” list at No. 11 with more than $11 billion. And this year, he debuts on Forbes’ 2019 World Billionaires List at No 39th wealthiest person in the world with a net worth estimated to be around 25$.
Today, JD operates some warehouses that serve as fulfillment centers, but its model is shifting to a three-pronged approach that includes facilities in China and the United States. In 2014 it opened warehouses in California.
In 2018 JD launched Jet-ease, our new brand for cross-border eCommerce platform – an open ecosystem – which provides “one stop” service from shopping online to delivery at home!
This could be one of the reasons why Liu was listed as #29 on Forbes’ World’s Most Powerful People list, outranking Jeff Bezos (Amazon Founder/CEO), Mark Zuckerberg (Facebook CEO), among others.
Liu attended Renmin University between 1991 and 1995, where he majored in Computer Science before working as a computer programmer for IBM. He later transferred to China Europe International Business School in 1998, where he received an EMBA degree.