![]() The following year, he closed physical stores, thus becoming 100% online.Īlready in the year 2007, Liu Qiangdong started to diversify its product mix. So he launched the company's first retail website, JD.com, the JD brand being the abbreviation for Jingdong. In 2004, however, China experienced a SARS outbreak, which forced Liu Qiangdong to digitize his business. ![]() That venture thrived, eventually opening 12 bricks-and-mortar stores under the Jingdong brand in 2003. In 1998, Richard Liu Qiangdong started a magneto-optical product distribution business in Zhongguancun High-Tech Industrial Park in Beijing. Then he took a job at Japan Life, where he worked as a director of computers, director of business and logistics supervisor, experiences that undoubtedly helped him to create and develop a new business, which would later be called JD.com. Furthermore, in the following years, he obtained an EMBA degree from the China Europe International Business School.Īt the time, the entrepreneur launched a restaurant business, which went bankrupt in a short time. Later, Liu Qiangdong began to learn computer programming. It is not known for sure what his primary education was like, but as a young man he became interested in politics, graduating in Sociology at Renmin University of China in 1996. The son of coal-mining parents, Liu Qiangdong was born in February 1974 in the city of Suqian, located in Jiangsu Province, China. Richard Liu Qiangdong or simply Liu Qiangdong is the founder of JD.com, one of the largest e-commerce retail sites in China and the world, which sells computers, home appliances, cell phones, clothing and automotive accessories, among other products.
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