Team Six Thirty

Time for the Headlines

Richard Liu was brought up in a village called Chang’an in China. His village didn’t have water and electricity, which are essential things. He was a descendant of wealthy merchants who later on lost their wealth. While growing up, Richard Liu spent most of his time with his grandmother from the mother’s side, who taught him to make good use of what he has. He also helped his grandmother in the kitchen and accompanied her to purchase pork during special occasions. Richard Liu was innovative even at his tender age. He pioneered the use of hot water to isolate fat from the pan. Even though his poor background holds him back from reaching greater heights, he was also ambitious.

His desire to be a village head was driven by the fact that he always saw many racks of pork hands from the village head’s house. He wished to give out all of the pork to the villagers. He was always enthusiastic about the happenings in his surroundings. The first time he was electricity working was when he visited the new government building in the neighboring town in the company of his classmates while in primary school. He spends his holiday traveling to Nanjing city with his small savings moving around the block of the first skyscraper.

Richard Liu attended Renmin University, where he studied sociology. He managed to travel to the university with the help of contributions from his neighbors from the village. While in the university, he taught himself computer programming and got himself a job and saved up to open a restaurant near the university , which was shut down in less than a year due to poor management and dishonesty among the employees.

He started Jingdong in June 1998 as a magnet optical product store. This company grew very fast because of Richard Liu’s dedication to the business model. He instituted a national logistic system to create innovation and transform e-commerce.

Learn more about Liu Qiangdong: https://www.f6s.com/liuqiangdong