JD.com Makes Donations To Disadvantaged Children

 

Many people know JD.com because they are the biggest online retailer in China, the most highly populated country in the world. JD generates literally billions of dollars every year. However, the company is also known for being very charitable. Jingdong is another name that the company goes by. They have given away very large sums of money to help people in China who do not have very much. One example of this is a recent campaign where they donated money to buy school bags, books and clothing for children that have been left behind.

There has been a big problem in China of parents who live in rural parts of China moving away from their children so they can find a job in a big city. The children are usually raised by their grandparents in these situation. The places where these children live are often very cold. Visit This Page to learn more.

Therefore, it is imperative that these children have the proper clothing so they are able to stay warm. JD.com wants to help these children by buying them the items that are essential for their survival. There are an estimated seven million children who have been left behind by their parents in China. However, this number used to be much higher than it is now.

Jingdong also has a partner in this project. They are teaming up with Wardrobe of Love. This is a charitable organization that focuses on clothing poor people in China. The union of JD.com and Wardrobe of Love has been a very successful one. They have been able to distribute a large amount of clothing and other essential supplies to the children who need them. They have both said that they would like to work with each other again in the future on similar projects.

JD.com has always stated that they are always trying to think of new and innovative ways to help people in China to have better lives for themselves. This project has been a success. However, JD.com knows that there are still many people who need help. Therefore, they will be launching similar projects in the future.

More about JD.com on https://finance.yahoo.com/quote/JD/

Richard Liu Qiangdong Insights On Why JD.com is Successful

 

Richard Liu Qiangdong is unquestionably one of the most successful business people in the world of new markets and technology in Asia. For the last two decades, Liu has made history as the first single person to impact the Chinese commercial space with his company JD.com. Through his company, he has always revolutionized the retail market both in Asia and in China. It is interesting to see that Liu is still building structures and collaborations around this niche and the future of the retail market in China can only be big.

 

In an article on AACSB.edu, Liu was listed as one of the “Most Influential Leaders”. As a testament to Liu’s admirable business practices, he has received numerous national and international awards for his entrepreneurship, business influence, innovation, and leadership.

 

Prior to 2004, Liu Quiangdong was just an average businessperson. The SARS epidemic was his turning point as a businessperson and as an investor. According to him, the SARS epidemic almost made him run out of business. However, the presence of virtual space is the reason why a small store business is now a billion-dollar business. Richard Liu Qiangdong realized that he could still trade even without physical interaction with his clients. JD.com was born. This new trading space improves after-sale services since he could only interact with clients on a third-party basis. See This Page for additional information.

 

Richard Liu Qiangdong attributes his success to many factors. First, he acknowledges that his ability to change and adapt to new changes has always been his strongest point. The virtual market is ever changing, and Liu points out for JD.com to remain relevant, the company is always in constant change. Second, in order to compete well with other alternatives, Richard Liu Qiangdong points out that a company must have the right approach to customers. JD.com serves as the best example of what a customer-based organization looks like. The company has invested in customer services for the past 16 years. Through this approach, they have been able to keep clients and gain new customers.

 

In addition, Richard Liu Qiangdong believes that business philosophy can make the company either the great or just an average company. JD.com as a company has a firm policy on the quality of goods. This firm policy according to Richard Liu Qiangdong makes customers have unmatched trust in the company.

 

Source Article: https://jdcorporateblog.com/about-liu-qiangdong/

 

Richard Liu Qiangdong- Founder And CEO Of JD.com

 

Richard Liu is the founder and Chief Executive Officer of JD.com, one of the largest e-commerce platforms in China. Since its establishment, JD.com has experienced a rapid growth to become a leading online retailer in China and beyond. JD.com is now worth $57.6 billion, with Liu reportedly having a net worth of $11 billion according to Forbes.

Richard Liu is a self-made business person. He graduated with a degree in sociology from the Renmin University of China in 1996. However, he spent the majority of his time learning and studying computer codes and honing his computer skills. He then joined the China Europe International Business School, where he earned an E.M.B.A. After graduation, he was hired by Japan Life where he worked as a director of computers and director of business during his two-year tenure.

An interview called “An Insight, An Idea”, weforum.org sat down with Richard Liu to discuss his career and how he has transformed the retail industry.

In 1998, Richard Liu ventured out on his own and started selling magneto-optical products. He named the business “Jindong”. The business initially progressed well, expanding up to an impressive 12 stores across China. According to Richard Liu, he was motivated to start his business to raise money to support himself and his poor family, especially his sickly grandmother. Unfortunately, the SARS epidemic threatened his stores, after all the staff and clients opted to stay indoors. The experience forced Richard Liu to rethink his business model and reinvent its future.

In 2004, Richard Liu Qiangdong moved from his brick and mortar stores and created JD.com, where he started selling electronics alongside other products through the website. By 2005, he had completely moved online, and his journey to become one of the largest trading platforms in China was well on its way. Richard Liu realized that online sales were cost-effective and involved fewer logistics. Additionally, it was more efficient for the customers, and with that, e-commerce became his new passion. Refer to This Article for related information.

The success of JD.com can be attributed to the business’s ability to sell genuine products and produce receipts for clients. The business changed the consumer’s experience by expanding its online store from IT products only, to digital products, mobile phones, and consequently, almost everything by 2010. The company now has a market value of $60 billion and employs around 167,000 people.

 

See also: https://www.prnewswire.com/news-releases/jdcom-green-planet-sustainable-week-300733604.html?tc=eml_cleartime