Category Archives: Blockchain Technology

Richard Liu Early Life Full of Resilience

Richard Liu or Liu Qiangdong is popularly known as an excellent entrepreneur based in China. He has been the CEO of since it was established in 2004. Liu was brought up in Chang’an, which was a local village in Jiangsu Chinas province. He was raised in a community that lacked some of the necessities, such as running water and electricity.

Although he spent his background in such a village, his parentss came from rich Chinese merchants who transported goods in the 1900s along the Yangtze River. Unfortunately, when Richard Liu was born, his family had lost everything they had worked for, and now they are working as rice farmers.

Early River

Most of the time, at a young age, when his parents left home for work, the CEO was left under the care of his maternal grandmother. His grandmother taught him the basic house chores and how to make the best of whatever was presented to him. Most of the time, he would accompany the grandmother to a farmer’s co-op, where she would bribe the meat vendors to buy the fattiest pork in exchange for some peanuts. She was after the fattiest pork because she could use the residual fat after it’s cooked to cook other meals all year through.


Despite Liu coming from a poor background, Richard was determined to see his dream come true. He was self-drive, and most of the time, Liu spent it gaining new knowledge to sweep away his curiosity.IT was always Richard Liu’s dream to attend a university in the city.

His academic excellence made him win a spot to join Renmin University, where he pursued dree specializing in sociology. He also took a self-taught class on computer programing and took a local job at a small business where he would handwrite letters and documents. Refer to this page to learn more.

Liu was featured as an Honoree in Variety 500 entitled, “ Richard Liu; Founder / Chairman / CEO”, as a result of his persistence, innovation, and hard work. During his free time, the billionaire loves to either spend time with his family or volunteering at Red Cross.



Jason Hope’s Hereafter Aspects of Social Sites

Social media influences people’s lives in different ways. Approximately 80% of the global population can access the internet, and so social media sites. In the last few years, platforms like Instagram, Facebook and Twitter have grown since user behaviors are also changing. For instance, as Jason Hope states, some years ago, users were happy to get comments and texts on their posts. However, the same users are getting more information on these platforms, they grow businesses and even share success tips. 


Therefore, up to now, social sites are increasingly important because some people get financial benefits from them. Currently, all companies ranging from food manufacturing to automotive companies are now relying on the site to communicate with their customers. Some brands have now shifted their focus to social media and away from websites since the audience is on these platforms. Things are changing rapidly, Jason Hope states, so one must be curious to determine the next happening. People are expected to transition into virtual reality in the future and people might lose their interest in social sites.


Activist Investor Jason Hope


Activist investor Jason Hope believes that these social platforms are spurring business growth; therefore, explaining why they have become increasingly important. In the beginning, people did not think that social sites could help companies trigger direct sales like they do today. Social sites users trust the resultant sales, and so are ready to acquire anything either on Instagram, Twitter, or Whatsapp. Secondly, Jason Hope insists that social sites have strengthened the entertainment industry. 
In the beginning, the platforms were used to facilitate relationships and mere interactions, but things have changed because they have new functions and aspects that entertain the audience. Therefore, users bank on the sites for fun and quality news because news spreads quickly on the sites. Finally, Jason Hope retaliates that availability of mobile devices has spurred internet usage. Therefore, marketers are favored because all these platforms have the relevant apps, and through customer loyalty, they make profits.

Richard Liu Qiangdong


The Story Behind Richard Liu Qiangdong and

In 2016, a mere 12 years after the company was launched, became the first Chinese company to be counted as part of the Fortune 500. This was just two years after the online retailing giant’s stock was initially listed on the NASDAQ.

The man behind’s success is Richard Liu Qiangdong, a soft-spoken billionaire who is passionate his value proposition and keeping his customers’ trust. Mr. Liu is reported to have a net worth of $11 billion while has an estimated capitalization of more than $57 billion. At a recent World Economic Forum in Davos-Klosters, Switzerland, Mr. Liu opened up about the origins of


The Jingdong Years

As an undergraduate at Renmin University in Beijing in the early 1990s, Richard Liu Qiangdong studied sociology, but he was well aware that this major would not do much to advance his prospects in the business sector that he wished to become part of. He’d grown up in an entrepreneurial family, though: Many business skills were already hard-wired into him.

In 1998, Richard Liu Qiangdong felt confident enough to embark upon his first serious business venture. He opened a shop in Zhongguancun High-Tech Industrial Park, which he called “Jingdong.” The shop sold magneto-optical products and computer accessories.

From the very start, Mr. Richard Liu Qiangdong was determined only to sell authentic brand-name products in his store: He would not deal in counterfeit products. Jingdong did so well that by 2003, Mr. Liu had expanded into a dozen storefronts. See This Page for additional information.


The Birth of

Business opportunities often arise when you least expect them. In 2003, China was hit by a severe SARS epidemic. Seemingly overnight, Jingdong’s customer base vanished.

Mr. Liu sat down with his managers to brainstorm strategies. When one of his managers suggested that Mr. Liu take the business online, Mr. Liu listened. In 2004, he launched, and the rest is history.


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Richard Liu Speaks at Economic Forum


Richard Liu Qiangdong is the founder and CEO of, which is estimated to have a market capitalization of $60 billion. While is one of the largest companies in China, Liu still believes that there is room for growth. Let’s take a closer look at Richard Liu’s life and why he thinks his company stands out from the rest.

Jingdong Takes Customer Service Seriously

If you are a customer in China, you can expect to get your order in about six hours. In fact, Liu says that those in major cities like Beijing can get their orders in about an hour. However, this depends on when the order is received by the site and where items are sourced from. While it may take longer for international customers to receive products, they can also order an item from and have it delivered to their home. Go To This Page for related information.

Wealth Is Something to Use for Good

Richard Liu Qiangdong believes that it isn’t a burden to be wealthy. Instead, it gives him an opportunity to do things for himself, his company and society as a whole. Liu thinks that it is possible to grow his business in a way that makes life better for his workers as well as for his customers. currently employs 160,000 people, and that number is growing rapidly each year.

Liu Has Always Considered Himself To Be a Hard Worker

Richard Liu Qiangdong have always valued hard work and have had a strong drive to do better in life. For Liu, the fact that his family was poor was his motivation to make as much money as possible for himself.

About Richard Liu Qiangdong

Richard Liu has been recognized by Forbes China as one of the most recognizable leaders in the world. Furthermore, has been recognized on the Fortune 500 list on two separate occasions.


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