The e-commerce industry has been evolving at a pace faster than any other industries in the business world today, and the accumulative business of this industry is amongst the largest as well. There are many companies across the globe that is contributing to this evolution in the retail sector, and JD.com has been making generous contributions as well in the past decade or so. Richard Liu Qiangdong is the name behind the success that JD.com has achieved and is the founder of this firm as well. He presently serves as the chairman of the board and its CEO and guides the way to develop modern business strategies that would outsmart the competition and ensure consistent growth for the company.
Richard Liu Qiangdong is known for his aggressive attitude and likes to kill the competition rather than facing it. One bold move that signifies this mindset of Richard Liu Qiangdong is that he wasn’t afraid to spend millions in making JD.com a direct selling company, a move that included setting up large warehouses in different parts of the country. It also meant large scale recruiting of the employees to take care of these facilities and work there while also sourcing tons of high quality products from the manufacturers themselves.
Even though the scale of this moves was huge, Richard Liu Qiangdong wasn’t afraid to take it seeing the long-term benefits of implementing it. It is also the main reason why he is using technology to ensure that everything is working smoothly and the dependency on humans is to a minimum. He wants to automate all of the warehouses so that the employees have better control over the efficiency.It will also reduce the error and allow the customers to receive their product at the best price. Richard Liu is always on the lookout for the best technology that would be helpful in his retail company.
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