Richard Liu Secret To Growing His E-Commerce Business

China is known for its technology preference when running a good number of its activities. Business for instance has gone so much online with so many businesses taking their activities online as opposed to doing them manually which is seen as a much more convenient and efficient of doing business. One such company is, a leading e-commerce market in China. The company was founded by Richard Liu Qiangdong in 1973 who then assumed the role of the CEO the company from then to now.

Richard was born in a tiny rural village and raised in abject poverty. However, this poverty did not deter Richard from chasing his dreams and becoming what he has become today. Liu Qiangdong’s commitment over the many years that he has been in business has ensured that he carries out his business activities in a much more honest way with integrity. These two values have seen Richard Liu grow his small business which he started back then to a much bigger retail company now ranked third globally.

In 2019, the company registered a fiscal revenue of $82 .9 billion, a very significant figure compared to the other competing businesses. However, what is more shocking is that despite being worth $12.7 billion, Richard Liu remains a humble person who prefers a low profile instead of the show and flares that other successful business people exhibit in public cases. is not the only business that Mr. Liu has invested in; he also has investments in other businesses like AL, and big data, among many others.

Mr. Richard is a man with a bigger dream and vision for the future of his company. Liu intends to break the traditional mold of doing business by embracing technology while at the same time sticking to the key values of the company which include loyalty and trust to their retail clients.

Richard has managed to accrue a few important accolades over the years Richard Liu has been featured as an Honoree in Variety 500 website entitled, “ Richard Liu; Founder / Chairman / CEO”, as a result of his persistence, innovation, and hard work.

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