Image: World Economic Forum | CC BY 3.0 | via Wikimedia Commons
Richard Liu, also known as Liu Qiangdong, is the founder and chairman of JD.com, one of China's largest e-commerce companies. Born in 1973, Liu has led JD.com's expansion from a single retail store to a global technology and service enterprise. His career has been marked by significant achievements in the e-commerce sector. Liu stepped down as JD.com chief executive in 2022.
Richard Liu was born on March 10, 1973, in Suqian, Jiangsu province, China. He grew up in a rural area and attended Renmin University, where he studied sociology and graduated with a Bachelor of Laws in 1996.
Liu founded JD.com in June 1998, starting as a retail store for magneto-optical products. In 2004, the company transitioned to e-commerce. Under Liu's leadership, JD.com has become the largest retailer in China. He served as the CEO until April 2022 and currently holds the position of chairman.
JD.com's strategy has focused on building a robust supply chain and providing reliable delivery services. The company has invested heavily in logistics, including establishing an in-house logistics department, with an emphasis on customer service.
Richard Liu has been involved in philanthropic activities. He has pledged to give cash to his hometown villagers in Guangming Village as a thank-you for their support during his early career. In 2024, Walmart sold its 9.4% stake in JD.com for $3.6 billion.
Started a retail shop selling magneto-optical products.
Launched JD.com's online retail platform.
Awarded by CCTV, China's national television network.
Named by Fortune Magazine.
Relinquished the CEO role at JD.com.
Provided cash to each person over 60 in his hometown village.
"My fellow men's help is the starting point for me to step towards the world."
As a manager, set the general direction and give autonomy to the teams.
Committed to serving the consumer and ensuring a perfect user experience.
Accused of sexual misconduct in Minnesota; case settled in 2022.
