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The Results Of Richard Liu Qiangdong April 2, 2019

 

Richard Liu Qiangdong, founder, owner, and CEO of the Chinese e-commerce giant JD.com, is estimated to be worth about $12 billion. Today this massive company has around 100 million active loyal customers. Qiangdong first entered adult life by earning a degree in Sociology from The Peoples’ University of China. It was while taking the classes for his degree that he also taught himself computer coding. Immediately after college he became employed by Japan Life. In 1998 he left his position as Director of Computers with Japan Life to begin his entrepreneurial career.

 

Richard Liu rented some retail space in Beijing where he opened a small store that sold magneto-optical products. He named this store Jingdong. The store was almost immediately a huge success because it was known for only selling authorized products, something rare among Chinese technology stores at that time. His products became well known for their top quality. As a result in just five years, he owned 12 profitable stores. This was also something very rare among Chinese stores who for the first several years did not really see much profitability. Read This Article to learn more.

 

It was during its fifth years (2003) that things went downhill for the entire Chinese marketplace. It was during that year that the company saw the SARS outbreak which forced many shoppers to stay inside as much as possible. As a result, many stores went under. Liu saved his business by reinventing it and taking it online. The original name for this online version was 360Buy Jingdong. However, he eventually settled on JD.com. He spent years perfecting its customer service and website interface. Today the JD experience is so streamlined that any shopper no matter how inexperienced can easily handle it.

 

He also quickly began offering more and more types of items on his site. He did this by forming many partnerships with vendors from other industries. Richard has even formed partnerships with Walmart and Google. Today it is considered the Amazon of China. It is proud of the fact that it has the full capability of delivering to anywhere in China no matter how remote.

 

Visit his page on http://richardliuofficial.com/

 

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Richard Liu Qiangdong Contributions To Jingdong Company March 4, 2019

 

Richard Liu is a prominent businessman living in China; he is also the founder of Jingdong company created in 1998. Previously Richard Liu worked at Japan life company as the director for both the business and computers. He is a graduate from the University of China as well as the China Europe International Business School where he earned his degree in Sociology and EMBA respectively. While still at the University Richard Liu established a restaurant business, but due to inadequate time to manage the company it did not excel; he did not give up later he started earning income from freelance coding work.

 

Jingdong was named after the combination of the last names of Richard Liu and that of his girlfriend. As an entrepreneur, Liu understood the gap in the market and decided to distribute only authorized magneto-optical products competing in a healthy way with other companies that produced counterfeit products. Liu believed that the customers are the backbone of any company; therefore, all his employees were inspired to provide the best standard services. The company expanded establishing more stores. Find Related Information Here.

 

When SARS struck, Richard Liu Qiangdong decided to close the 12 stores and venture to online selling business by launching J.D.com. The company has more than 500 logistics and delivers products to various parts of the globe. Richard Liu is the CEO hence has the mandate to make significant decisions on technology, organizations, and expansion of the company. He wrote on the wall that the company’s target is to be number one across the globe. Richard Liu has adopted advanced technology including the use of drones and Robots to deliver goods to the clients. In Beijing, ordered products are produced within three hours; therefore, the delivery process of J.D. is reliable.

 

When J.D partnered with WeChat company the number of active users increased, and it was traded publicly in NASDAQ hence gaining popularity across the globe. Over the years more than 160, 000 employees are working at J.D. in addition to the professional life Richard Liu is a prominent philanthropist funding several charitable organizations he is also a loving father of two.

 

Visit: http://corporate.jd.com/richard-liu-jd-ceo-about

 

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JD.Com Explores The Use Of Drones In Package Delivery February 28, 2019

Being a giant in electronic sales, the Chinese company Jingdong Mall has resolved to partner with Rakuten to facilitate robotic deliveries. The unmanned deliveries are expected to boost Jingdong’s proceeds in the wake of technology. The Chinese retailer is to explore these delivery solutions across Japan.

The Chinese entity is to explore its expertise in drone development and robotic deliveries while Rakuten delivers its operational services, for instance, in enthusiastic app development. Rakuten’s experience in delivery services runs from 2016, with involvement with locals and cooperate entities.

The Managing Director at Rakuten acknowledged the prowess of Jingdong Mall, which is also known as Jingdong Mall and its rooted establishment across China. He stated that exploring their drones and delivery robots would allow optimization of Rakuten’s solutions. Jingdong enjoys a year of expertise in deliveries, with its first delivery to rural China in 2016. JD.com aerial vans have about 400,000 flight minutes so far.

Innovation and convenience is at the heart of the collaboration. Launching the program would enable the accessibility of Japan’s rural areas. Such regions were initially dimmed remote. Combining technology from the Jingdong and Rakuten would also bring in technical know-how from both companies steering creativity and innovation. The flight factor is also convenient for both companies and their clients owing to speeds.

The government of Indonesia approved Jingdong’s first drone test at the onset of 2019.This stride set ground for the use of delivery bots in Asia. Such bots are however a common phenomenon in Chinese urban areas, with the highest numbers around offices and institutions of higher learning. The launching of smart stations has improved speed delivery speeds and convenience for China’s population.

The Chinese retailer has a logistics lab, JD-X, which has been operational for close to two years. The lab’s president. Jun Xiao, states that using delivery drones and unmanned robots in China is instrumental in improving logistics affordability and accessibility. See This Page for more information

Exploring the inaccessible areas in the mountainous Japan would certainly improve the quality of life is such areas as remote islands as well provide emergency solutions. The advancement and commercialization of autonomous delivery solutions from Rakuten is at the core of the collaboration.

 

Visit: http://stock.finance.sina.com.cn/usstock/quotes/jd.html

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JINGDONG SHARING IS TECHNOLOGY WITH OTHER RETAILERS February 21, 2019

With the introduction of online shopping and technology to businesses, brick-and-mortar retailers are finding it easy to control their businesses and improve the quality of services they offer. By use of smart logistics, smart chain and smart supply the retail business is slowly transforming to the better.

 

Despite all this, the previous offline market is still in business and is nowhere near collapsing. Many people think that the offline market is dying due to the introduction of online business, but it is only a small portion of businesses that utilize online services. The rest is dominated by offline companies. Over the past years, e-commerce has expanded, but it does not account for more than 15% of companies in China.

 

Jingdong Mall is the most extensive online retail shop and has been around for over a decade. In those years, it has established relations with other offline companies enabling it to build a logistics network that covers over a billion of the population in China. The system is fast and reliable as it can deliver client’s orders in a day or two of the purchase.

 

Jingdong is now sharing its diverse abilities and technology with other companies by selling it to them. It is, therefore, contributing to improving the mortar-and-brick retail business. In the past, technology was only there to offer little support to retail businesses, but with the evolution of time, it has become a critical aspect of retail. Any company that incorporates technology to its businesses is considered to be better and more reliable than those that don’t.

 

Smart consumption enables customers to buy goods from the comfort of their homes or cars. It joins the ideas of both online and offline shopping making it better. Smart consumption also enables a client to test out various items without having to try them on. See This Page for more information.

 

For example, if one is shopping for home décor, they can test the décor virtually in a home before buying the items. Smart supply has speeded up the process of delivering items to clients. Nowadays it takes twenty-four hours or less for consumers to get their goods due to the use of technology. Jingdong is improving the retail business by use of its technology.

 

In an article with WSJ, “Chinese Retailer JD.com Turning Its Logistics Network Into Broader Delivery Service”, Jingdong talked about new package-delivery service will compete with private express carriers in a crowded market in China for parcel transportation. This marks the next step in leveraging the nationwide logistics network that JD has built over the past decade.

 

More about Jingdong on http://stock.finance.sina.com.cn/usstock/quotes/jd.html

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3 Lessons Companies Can Learn From JD.com Drone Deliveries February 15, 2019

Many consumption experts have termed e-commerce as the future of trading. In this form of trading, the speed of deliveries is an important factor. Many e-commerce entities have invested in beautiful delivery vans, but for JD.com, otherwise known as Jingdong Mall, they have redefined delivery of goods in this market by bringing delivery drones. According to the company’s official communication, 2019 will be a year of better and speedy deliveries, and one of their flagships is drone delivery. One of their first markets to test this brilliant technology is the Indonesian market.

JD.com, which is also known to many as Jingdong Mall, hopes to expand this delivery technique to other markets around Asia. The next phase of drone delivery, according to the management is in China.

Entities can learn a lot from JD.com especially from this particular project.

First, Jingdong Mall was keen on involving the relevant authorities in Indonesia. Since drones in the delivery world are relatively new, there was a need for an authoritative assessment by the aviation authority. The main reason for involving the aviation authority from this country was to ensure that the technology does not inconvenience the existing laws in Indonesia. Second, it is a JD.com tradition to follow the laws in every innovation and every step. According to the management of this company, this helps the company to serve consumers without unnecessarily legal tussles with authorities. Go To This Page for more information.

Second, JD.com worked with different companies and entities in making this project a reality. This approach to new products and technologies ensures that the company gets the best deal from technology. In this particular project, the company worked closely with WEF as well as with other related entities. Working with different companies and entities according to the management team helps the company to actualize aspirations without compromising on technology. Since JD.com is not an aviation company, bringing an aviation-related company on board was vital. Jon Liao points out that this gave the company countless benefits primarily on the sustainability aspect of the project.

Finally, working with a sister company, JD.ID will help the Chinese giant make an entry in this new market, which many pundits still refer as the gateway to the vast Asian market. Currently, Jingdong is making major changes in regards to deliveries and technology in this new market.

 

See also: https://www.chinainternetwatch.com/tag/jingdong/

 

 

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JD.com Makes Waves In The Chinese Market January 11, 2019

 

JD.com, or as known by many as Jingdong Mall is different from many of the other retailers in the Chinese market. Instead of focusing on what people can get by looking at the quantities, the company knows what they can do to help people with quality. They spend a lot of time learning about the needs their customers have and that’s important to the company. No matter what issues people have or how they want to shop, they can get more from the options the company offers them. It’s a great way for the company to keep helping people with the shopping options they need.

As Jingdong Mall continues growing, they know they can do things that will make the company better than what people have seen in the past. They also know they’re among the best retailers in China and that’s an important distinction for them to have. While they always push to make sure they can help people, they feel good about giving back and they always focus on how they’re making a big difference for the people who need it.

By looking at all the options the company has and comparing them to what other people use with their businesses, JD.com knows what they can do and how they can keep making things better. It’s important for them to show their clients they’re doing everything right. Customers who use JD.com get more out of the options they have and that’s what pushes the company to continue succeeding while they’re helping others out with the issues they face. Go To This Page to learn more.

As long as the company continues thriving, they’ll keep coming up with new opportunities for the future. They spend a lot of time giving people what they need while also focusing on changes for the future. It’s a good idea for them to do everything they can for the future. It’s also important for the business to keep helping people while they know what they can get out of the experience they have. Jingdong offers premier shipping options, things for all their customers and a better experience than most people get when they shop at stores that are based out of China.

In a recent JD.com’s blog, “Delivering the Future of Shopping”, showcases not only the innovations that enable China’s largest retailer to deliver to customers at staggering speeds all across China via its nationwide logistics network, but also features the latest retail technology, which JD is using to empower other partners, online or offline.

 

Source Article: https://www.businessinsider.com/who-is-the-amazon-of-china-alibaba-dangdang-or-jingdong-2011-9

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Richard Liu Qiangdong Expanding His Business January 7, 2019

 

In June 1998, Richard Liu Quiangdong began Jingdong in Beijing, being a storefront involved in the distribution of magneto-optical products. The business saw quick development in the first couple of years, developing to 12 string shops throughout Beijing, Shanghai, and Shenyang by the year 2003, and getting annual profits óf about $9 mil USD. Viewing the achievement that e-commerce was attaining at that time, Liu launched án on-line edition of the business enterprise in January 2004.

In 2007, Liu started to develop á nationwide logistics program to focus on the astronomical rise in JD’s recognition through the entire nation. He understood in early stages that there is Chinese language logistics company that can deliver to each portion of the nation, therefore people residing in one of the most rural areas got to go to their closest town to get appliances and other items, resulting in higher prices in little cities than in big metropolitan areas.

After seeing an opportunity on the market, Liu was adamant that JD builds its national strategies system in order to avoid losing or harming products during delivery, creating improvements for the united states and modifying retail and e-commerce because of its one billion dollars users. Simply by the finish of 2014, JD had released 3, 210 delivery and pickup channels in 1, 862 Chinese language counties, nearly two-thirds of most counties in the united states. In 2014, Amazon.com switched by using third-party strategies companies to producing the “last mile” deliveries alone, following a model in the USA that JD set up in the Chinese marketplace.

Richard Liu Qiangdong have created JD.com into China’s second-biggest web commerce business and amassed approximately prosperity of US$11. 6bil, but this individual remains a member of family unknown outdoors his house nation.

With latest opportunities into South-East Asia and eventual programs to increase into European countries, the 43-year-old made his initial appearance at the World Financial Forum in Davos, Switzerland this season.

Speaking at á lunchtime for approximately 50 people including Adidas Group CEO Kasper Roasted and Wal-Mart’s All of us main Greg Furan, the guests Listened more than cups of Manor Montrose 2k Bordeaux mix (full-bodied palate that’s dense and wealthy yet sophisticated and arranged, regarding to Wines Spectator) to Liu’s Life tale and just how he arrived to begin and build JD. com. Visit This Page to learn more.

 

View source: http://richardliu.wikidot.com

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JD.com Improving Cloud Computing Technologies December 6, 2018

Cloud Native Computing Foundation (CNCF) specializes in open source software to improve cloud computing possibilities. At the KubeCon and CloudNativeCon conference held in November this year, they awarded JD.com (China’s top eCommerce company), also known by many as Jingdong Mall;  the “Top End User Award”v. As Jingdong heavily uses CNCF products and has worked closely with the foundation to improve those products, this close partnership exemplified how two companies can create something greater than one alone.

 

With over a trillion images in their product database, providing customers with a top quality experience requires vast amounts of processing power at ever greater speeds. Consequently, Jingdong has partnered with CNCF to use Kubernetes, and currently they have one of the largest Kubernetes clusters worldwide.

 

This makes sense as they are one of the largest retailers in the world. In order to stay ahead of competition and to continuously improve a customer experience, Jingdong perpetually seeks new technology advancements, especially ones that contribute to big data and AI technologies. One way they have achieved this, has been their close partnership with CNCF, and in April, they became a platinum end user.

 

This new designation was in recognition of all the work that Jingdong has done in partnership with CNCF. Jingdong has worked on projects such as Vitess, Prometheus, and Kubernetes as well as other projects, in an effort to improve the code. As a customer, Jingdong has benefited directly from working on these projects, especially the Vitess cluster management project. Vitess allows Jingdong to maintain resource flexibility while reducing maintenance and operation costs, which is good for the company’s bottom line. Go Here for related Information.

 

These mutual beneficial collaborations made Jingdong the obvious choice for the “Top End User Award”. And in the ever changing IT industry, Jingdong Mall and CNCF will continue this mutually beneficial partnership and continue to innovate and improve their technology.

 

More about Jingdong Mall on https://www.chinamoneynetwork.com/2018/10/18/jd-com-opens-up-its-logistics-network-to-users

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Jingdong’s Joint Effort To Establish A Blockchain Research Lab November 15, 2018

 

Jingdong is a leading e-commerce business in China founded by Richard Liu. The company together with Ying Wu College of Computing that is at New Jersey Institute of Technology and the ISCAS, Institute of Chinese Academy of Sciences decided to develop a research laboratory that will focus on blockchain technologies. The lab development venture was announced in Beijing during its launching event.

 

From the information collected, the lab called “Urban Smart Logistics Institute”, will concentrate on providing solutions to stability and efficiency problems that are substantial obstacles blocking the blockchain application in the broader area. The lab will use its resources in exploring new areas in which the technology can be applied including the multi-layer joint research forces into essential research protocols, decentralized security in applications, privacy protection and many more.

 

The established research lab will be headed by three experienced professionals from the three parties who are Dr. Jian Pei, the head of JD Big Data and Smart Supply Chains, Dr. Qiang Tang from Ying Wu College of Computing Assistant Professor, and Dr. Zhenfeng Zhang who is the senior deputy engineer at ISCAS. Dr. Zhang and Dr. Tang are experienced and chief experts in cryptography and blockchain. See This Article for additional information.

 

According to Dr. Pei, Jingdong is a senior company utilizing the blockchain technology, and the company is committed to exploring its ability by investing in the expansion of blockchain ecosystems via strategic studies and partnership. The partnership with ISCAS and NJIT will increase their strengths in developing on that cutting-edge technology that deploys too many fields and industries.

 

Jingdong Mall boasts of more than three hundred million clients and the importance of having blockchain to increase the company’s transparency in delivery and supply chain of their products with safety and high quality in mind. The president of NJIT Dr. Joel S. Bloom was also happy with the partnership that involved a leading e-commerce business and a modern lab that will do detailed research on Blockchain and cybersecurity technologies.

 

In August, Jingdong opened an open blockchain platform that was useful to customers secure enterprise and used their blockchain apps to conduct more secure, convenient and transparent operation management.

 

See Also: https://www.businessinsider.com/who-is-the-amazon-of-china-alibaba-dangdang-or-jingdong-2011-9

 

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Beijing, Shanghai, And Rural China: JD.com Delivery Under 20 Hours According To CEO Richard Liu Qiangdong November 13, 2018

 

Richard Liu needed money to pay for medical care for his sick grandmother, coming from a poor family. He didn’t have the money to travel abroad either like most other kids at the venerable Renmin University. He got a four-square meter store selling computer accessories and got good at it so that there were twelve stores. SARS came along, and he didn’t want his staff to be hit because “talking face to face was high risk”. So, he closed the 12 shops, at noodles, and stayed at home. Why not sell online? he thought with his managers.

After comparing the figures, Richard Liu Qiangdong realized that online sales made more sense because it was a better experience for his customers all around. Amazon was not very well known at the time. He had only heard of DangDang at the time: it was number one at the time in China.

Richard Liu Qiangdong grew his company rapidly by not selling counterfeit products and services, so he wanted “new rules” for the market that was more of a white hat experience. Proper receipts and everything. They expanded into mobile phones, and every year they added new products. Today, the company has a market of around 30 billion USD. 160,000 employees currently work for JD.com, and in 2017 they added 30,000 workers.

The biggest market value amongst online Chinese stores is TenCent, then Baidu, then JD.com. “As an ecommerce provider, we want to be number one. We have finance, logistics, and it takes time to be number one.” JD delivers around the world: “New York, London, Paris”, et cetera.

This year the global delivery is not as good as it is in China, where it would only take on average 6 hours. 57% of goods will be delivered within 6 hours, and 97% will be delivered within 20 hours. Not just Beijing and Shanghai, but in rural areas this applies as well.” View Additional Info Here.

 

See Also: https://variety.com/exec/richard-liu/

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