Richard Liu Qiangdong: An Inspiration For Entrepreneurs



Richard Liu, the founder, and chief executive officer of is also named as Liu Qiangdong. is one of China’s largest e-commerce platforms and at present has a worth $57.6 billion. According to Forbes, Richard Liu is said to have a net worth of $11 billion. Adopting sociology as his major, Richard Liu did his graduation from the highly reputed University of China in 1996. After his parent’s small business collapsed, Richard, at first opened a store and then moved to online business calling his company as deals in e-commerce, logistics, telecom, and technology. Richard Liu Qiangdong considers himself the only real competitor of The company mainly focuses on three things, cost, efficiency, and quality. Richard Liu tells that they always ensure their customer’s satisfaction. He claims that in the next ten years will be number one in China as well as on a global level. Company holds around 167000 employees, and in last year it appointed more than 30000 people. In the way of expending his business to the United States, he finds protectionism an unfair thing and wants the US market to have equal grounds for everybody.

Richard Liu Qiangdong is also into philanthropic work. He shares that much cash has been donated in charities and funds. He says that being famous comes with a price which you have to pay in the form of freedom. A high place always snatches freedom, and you cannot move freely in public areas. In leisure time Richard Liu Qiangdong prefers swimming, fast walk, and desert traveling. He says that these things make him relax.

Amongst all other things like company, friends, reputation and so on, the family is his priority and sole focus. Richard Liu Qiangdong shares that his parents are in good health and make him listen to their advice and suggestions. He does not want to retire before 65 years of age. Richard Liu Qiangdong wants to be in the good books of the Chinese people. Richard Liu keenly wants to motivate future entrepreneurs to work hard and believe in themselves. According to him, dedication is the key element towards success. Read This Article to learn more.


Learn More: