JD.com Believes in Making A Positive Impact

 

No matter what market they’re selling to, JD.com, otherwise known by many as Jingdong Mall, knows the importance of giving people what they want. The company spent a lot of time learning the spending patterns people have in different areas and how to cater to each region specifically. They want to make sure they’re doing everything the right way. It’s important for them to always show people they’re giving attention to the right areas.

Based on their hard work and the things they do for the business, they feel confident they can keep doing everything the right way. It looks like JingDong knows what they’re doing because they spend a lot of time figuring out the best way to handle a variety of situations. By showing people how they can make the most out of the industry, they feel good about giving back and always giving people positive experiences.

JD.com, also known as Jingdong Mall continues coming up with new ideas. Recently, they implemented new technology for shipping. This technology helps them figure out the best way to ship products and when they can do it most efficiently. It’s important for the company to help their clients get the products they need. It’s also important for them to show people how they can do things the right way. As long as they’re coming up with new ideas for their customers to use, they can show people what will make a difference for them.

Doing all of this isn’t just something that happened by accident. The founder of the company worked hard to ensure JD.com would be the most successful in the industry. In fact, the company knew what people were looking for and they always tried to help others through the most difficult parts of running a business. Visit This Page for additional information.

JD.com is better because of how their founder worked and that’s a testament to the hard work they put into the business. It’s important to keep doing things the right way and JD.com sees the results of making all the right moves. Jingdong wants to keep doing things the right way so they can help even more people in areas they haven’t been in yet.

 

Learn More: https://www.wsj.com/articles/chinese-retailer-jd-com-turning-its-logistics-network-into-broader-delivery-service-1539833400

Richard Liu Qiangdong, The Pioneer Of Online Trading In China

 

The world is advancing, and technology is growing every day. Today almost everything is digital, and things have been made simpler. You can conduct all your activities at the comfort of your home. Online trading is one of the aspects that have really changed and nowadays you don’t have to go to the market or mall to purchase your staffs. Just with the use of your phone or laptop you can do any business transactions and get your commodity. When talking about online shopping, there is one name you cannot omit, Richard Liu Qiangdong.

Richard Liu Qiangdong is one of the wealthiest persons in China. He is a well-known entrepreneur and the founder of JingDong Mall also known as JD.Com. His company is the leading e-commerce platform in China where people can sell and as well as purchase goods. He founded the company in the year 2004, and he ensures it performs excellently and maintains a good reputation. Richard Liu plans to develop his business and be an international one to reach the vast market in the globe.

Richard Liu was born in Jiangsu China in the year 1973. He is an alumnus of the University of China where he studied bachelor’s degree in sociology. He is also a holder of master’s degree in computer science which he obtained from the international institution of China and Europe.

Richard Liu started business since he was young when he invested in a restaurant which collapsed in a few months. He later worked with a Japanese health products company as the director of company and business and performed significantly. He then left the company and opened his company in 1998 and used to supply magneto-optical products. Go Here to learn more.

Richard Qiangdong’s Company was doing well until the year 2003 when China was affected by the SARS outbreak, and his staff and clients were forced to stay at home. Richard Liu decided to switch his business to an online one to cater to the needs of his customers even while at home.IN 2004 he officially launched JD.com, and to date, JD is the best e-commerce platform in China.

 

Source Article: http://www.ftvcapital.com/team-member/richard-liu/

The Story Of Richard Liu Qiangdong And JD.com

 

Many companies that grow to be great start humble. It is the vision and the determination to pursue their goals that drives them to greatness. This is the case with JD.com, China’s most profitable internet company which was founded by billionaire-entrepreneur, Richard Liu Qiangdong, two decades ago in 1998. At the time, Richard Liu Qiangdong was a little-known and humble entrepreneur.

 

Armed with the passion and determination to revolutionize the e-commerce business, Richard Liu would build JD.com, which today is China’s largest retailer and most profitable internet company. According to Forbes, Jingdong commands a market worth of $57 billion and is also one of the most popular companies in China.

 

In an interview at the World Economic Forum held in Dallas on January 2018, Richard Liu awed a fascinated audience, detailing his story leading to the foundation of JD.com. According to Richard Liu, he was born from a humble but business-minded family, which operated a struggling transport company.

 

However, Richard Liu Qiangdong says that the struggles of their family company taught him a lot about business. As a young adult, Richard Liu picked interest in politics and went on to study Sociology at the Renmin University of China, where he completed his degree in 1996. See This Page for related information.

 

It was while still at college, that Richard Liu would venture into business by opening a restaurant. However, he did not dedicate enough time to his restaurant and, consequently, the business took a nose dive and he was forced to shut it down. According to Richard Liu Qiangdong, this experience taught him a lot about business, and he still applies the lessons in the day to day running of JD.com.

 

After acquiring his Sociology degree, Richard Liu was in for a rude shock after realizing that the profession would not pay him the big bucks. Resultantly, Richard Liu decided to teach himself programming and landed some coding projects that paid him a decent amount.

 

This enabled him to enroll for an EMBA program at the China Europe International Business School. After getting his EMBA, he would land a lucrative job at Japan Life, a prosperous health product company. Richard Liu Qiangdong worked at different capacities, including the head of business and head of computers, before leaving, after two years, to start Jingdong.

 

Visit: https://jingdaily.com/tag/liu-qiangdong/

JD.com

 

Background Information

JD.com is an online e-commerce company that has its main headquarters situated in Beijing, China. The founder who is also the CEO of the company is known as Richard Liu Qiangdong. The primary stakeholders that have contributed to the financial development of the firm include Tencent and Walmart.

Its History

In the year 1998, JD.com was originally known as Jingdong Century Trading Century Co. before Liu ventured into the online world. After digital migration, the name of the firm was changed to JD.com, also known as Jingdong Mall. The company has been growing through the implementation of strategies that have led to the continuous development of the online platform.

Its strategies

JD.com embraced the technique of selling a variety of goods rather than only electronic goods in an online platform which has promoted the financial growth of the firm. Statistics sho    w that by 2018, JD.com had approximately 301.8 million clients because it was able to attract people with different preferences hence customer satisfaction.

Over the years, JD has been able to provide its consumers with quality and affordable products. In the current modern world, there have come about advanced technology such as drones which the company uses to deliver goods to clients in unreachable areas. Moreover, JD.com has embraced programs such as robotic delivery which will facilitate faster and reliable services to their customers.

In the year 2015, JD.com introduced Jingdong Plan which was employed with the aim of promoting marketing effectiveness. JD.com has made a partnership with Ruyi and Farfetch and other leading companies from different fields, so that they expand their variety of products thus attracting more customers.

Its achievements

JD.com was only established in 2004, but it is currently ranked as the third largest online business globally. In China, it is one of the wealthiest internet-based retailers. It makes more than fifty-five billion dollars in revenue and has become one of the most successful companies in China since it is a major competitor to Alibaba-run Tmall. Visit This Page to learn more.

The online business has created job opportunities to more than 100,000 people, enhancing China’s economic development. The firm is entailed in one of the most prestigious groups known as Fortune Global 500.

 

More about JD.com on https://finance.yahoo.com/quote/JD/

JD.com To Receive The Prestigious 2018 SEAL Business Sustainability Award

JD.com, also known as Jingdong is a leading Chinese market retail infrastructure and technology-driven e-commerce service, provider. Recently, the e-commerce company announced that it would be among the top global companies set to receive the prestigious 2018 SEAL Business Sustainability Awards. The company’s management came out to say they are very grateful for their recognition on the global platform for such a prestigious award. They went ahead to state that it’s an indication of the Jingdong’s commitment to provide quality services and positively impact the society.

 

“Corporate Social Responsibility”

 

This Chinese e-commerce infrastructure and technology company has been at the forefront in initiating affirmative environmental programs. In addition to that, Jingdong Mall has been making significant contributions toward the betterment of social innovations. This company has been striving to make a positive impact on society and the environment through its corporate responsibility program.

 

The company’s management stated that in the past five years they have put a lot of emphasis on sustainable development. JD.com noted that it has created and implemented several programs over the years that focus on this particular goal. The programs have also been absorbed into the company’s business process. From product creation, packaging to its sale and delivery, the company has always aimed to have a long-lasting positive impact on the environment and also the society. Read This Article for additional information.

 

SEAL Awards

 

The SEAL Awards target companies globally that have put an emphasis on sustainability and positive environmental impact while doing business. Additionally, companies that are given this award have their management and leadership in support of its corporate social responsibility and are willing to go beyond the norm to make the world a better place. The SEAL Award recognizes companies around the globe with the most significant positive global impact. Other companies being awarded alongside JD.com are global business giants like Samsung, Apple, Nike, Impossible Foods, Seventh Generation and Patagonia.

 

JD.com’s Chief of Corporate Responsibility, Libo Ma said that it was a great honor for the company to receive the SEAL Awards. He pointed out that the award not only puts Jingdong Mall on the global map businesswise but it’s also a motivator for them to keep up the excellent work.

 

More about Jingdong Mall on  https://cn.nytimes.com/technology/20180619/google-china-jd-com/

JD.com Is Making It A Priority To Guarantee All Products Are Authentic That Transact Through The Major E-Commerce Player

 

The e-commerce market in China is one of the fastest growing sectors of this industry in the world today. Fifteen percent of all consumer purchases in China are now done as an online transaction which is a significantly larger percentage than the nine percent average that is currently the status quo in the United States. Chinese customers are buying just about anything and everything you can imagine online for fast, efficient delivery. Items range from fresh groceries to electronics to personal care items and many more.

 

JD.com or is known in China as Jingdong Mall is at the forefront of this growing industry in China and stands as the countries number one retailer in this e-commerce sector. A major thing that the team at Jingdong Mall has tapped into is the fact that the major emphasis in Chinese consumerism is quickly becoming squarely focused around a demand for authenticity as well as a focus on quality instead of overall quantity.

 

A newly published report that has recently been released makes it clear that guarantees of authenticity of a product are the factor that Chinese consumers view as being the most important factor in participating in e-commerce. The ability to get these authentic products in a swift manner is also a significant factor in the purchasing decisions of online customers. Due to these factors, Jingdong has become increasingly dedicated to ensuring that efficiency and authenticity of product delivery is a major priority.

 

To this effect of ensuring efficiency and authenticity, Jingdong has introduced a new vision that is called Boundaryless. This is JD.com’s way of helping to ensure that its loyal and dedicated customer base is able to continue to receive the highest levels of service available in the retail industry. View More Information Here.

 

Partnering with traditional brick-and-mortar style businesses is one of the ways that Jingdong is able to accomplish this. These physical location retailers are able to have the benefit of utilizing Jingdong’s proprietary technology and logistics and this benefit is passed on to both the customers who receive better services and Jingdong which then is able to greatly expand its overall scope of business.

 

This August, JD.com announced their new “JD Blockchain Platform”. Enterprise-sized customers can use this platform to build and host their own blockchain apps in a way that is more convenient, transparent, and secure. This technology allows its users to make their operational procedures more efficient and gives their customers more visibility into them. One specific way this is being used it to trace food from where it was grown to throughout the supply chain.

 

Source: https://www.businessinsider.com/who-is-the-amazon-of-china-alibaba-dangdang-or-jingdong-2011-9

 

Richard Liu Qiangdong On Breaking into the E-Commerce Business

 

David Rubenstein sits down with Richard Liu Qiangdong to talk about Jingdong Mall and JD.com. Richard Liu has headed up the booming e-commerce company since it began in 2004. He was also responsible for the foundation of Jingdong Mall in 1998. This business is important because it was the foundation for JD.com. Before Richard Liu Qiangdong was able to talk about these businesses, David Rubenstein wanted to discuss some of his past business ventures.

 

Richard Liu talks about his attempt to break into the restaurant business. This was a chance for him to truly learn how valuable time is when it comes to growing the business. Unfortunately, when he was trying to grow his restaurant business he was also a business student in college. He did not have the time available to them to fully dedicate himself to that business. Liu believes that this was a contributing factor to its failure.

 

When he opened Jingdong Mall he approached that business completely different. He committed himself to it 100%. Immediately, Liu Qiangdong saw the results of such dedication. Instead of failure, the visits began to boom. The only negative effects that Richard Liu Qiangdong saw in this business was when SARS started to sweep through China. People became fearful of venturing into public locations. Richard Liu immediately began to think of ways to salvage his business. One of the new ways to do this would be to break into online retail. Visit This Page for related information.

 

2004 was a big year for Richard Liu. JD.com started selling merchandise to their first customers that year and gained a lot of support throughout China. The reason for this was because Richard Liu Qiangdong believed that if he got into the e-commerce business he did not want to conduct it like other businessmen. He had seen a lot of businesses on the Internet advertising products that were counterfeit and lackluster. He found it to be a very poor way to conduct business. Richard Liu Quiangdong did not want to be a part of that. This was when JD.com service really took off with the public. When customers realize that his company upheld their promises they were hooked.

 

More about Quiangdong on https://www.crunchbase.com/person/qiangdong-liu