Richard Liu, also known as Liu Qiangdong, is the founder and chief executor of JD.com, one of China’s largest e-commerce platforms. Liu has become an internet celebrity in China known for his wealth and success at a young age.
In the interview, Richard Liu talks about his e-commerce business and gives some background on the start and growth of his business. Liu Qiangdong first gives some background on himself and his prior business ventures. He explains how he went to college in Beijing and started a restaurant business which ultimately failed. Following this venture, he decided to start a retail business in 1998. He eventually opened 10-12 physical stores selling computer parts. At the time, he wanted to start this business to help his family who did not have a lot of money. His grandmother was ill and was unable to afford medical treatment. After the SARS epidemic in 2003, Liu Qiangdong had to close their 12 physical shops. After speaking with the other managers, they came up with a plan to move over to online retail.
After switching to the e-commerce business and first starting JD.com in 2004, Richard Liu realized that online sales were ultimately more cost-efficient and better for customers. He saw online businesses as the trend for the future. In order to be successful and compete with other online businesses, Liu Qiangdong made sure they were only selling high-quality products, were using proper invoices and receipts, and were providing the best customer service experience. In 2004, JD.com was mainly selling IT parts. Each year they began to add additional products. Currently, the business has the highest market value in China at around $60 billion. The company currently has around 167,000 employees.
JD.com delivers products globally, and guarantees high speed delivery. If shipping internationally, they take 10-15 business days. For shipments in China, around 60% of purchases are guaranteed to ship within 6 hours and 97% are guaranteed to ship within 20 hours. Their hottest products are food, consumer goods, and fashion accessories.
Richard Liu expresses his plans to expand their business by bringing high quality global products into China, and then expanding into Southeast Asia, the Middle East, Europe, and the US.
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The march of technology can be an amazing thing. Historians estimate that it took thousands of years for the first humans to develop rudimentary agriculture. Now, our level of technology changes roughly every ten years. The rapid pace at which human ingenuity is advancing gives us both a reason to be hopeful and perhaps also a reason to be fearful.
One person who doesn’t have the fearful outlook is entrepreneur and futurist Jason Hope. He is one of the people helping to drive the march of technology into the future. As we know, every great advancement requires money to fund it, and that’s where the entrepreneurial spirit comes into the picture. Many people see entrepreneurs as a driving force in the economy, and that picture is accurate. However, they can also be drivers of technological and social change. Such is the case with Jason Hope. See more of Jason Hope on Medium.
One of the ways in which Hope attempts to give back to the world that has helped him succeed is by donating to organizations that pursue new medical research. Most notably, he donated $500,000 to the SENS Research Foundation. The SENS Research Foundation is an ambitious research organization that works not just to fight disease, but to reverse its effects. Their work is currently focused on anti-aging medicine and regenerative medicine.
This is an amazing concept if you really give it some thought. Imagine a world in which we could regenerate damaged tissue or diseased cells? Instead of trying to constantly patch and fix the body’s existing systems, we could actually restore them to a younger and fitter state? Sure, it seems like science fiction, but if it works out, it would be worth every penny that Jason Hope has invested and a whole lot more. Such technology would completely rewrite medical science for the better.
Of course, an experienced professional like Jason Hope wouldn’t be laying his money down for these people if they were not making good progress toward their admittedly ambitious goals. They have been examining the buildup of glycation end products in the body, and looking at ways to reduce the buildup of these harmful substances. The work of the SENS Foundation has identified these metabolic waste substances as one of the main culprits of age-induced health disorders.
Certainly, these developments are exciting. With enough good people like Mr. Hope investing in their work, we can all hope that our lives might be extended through this groundbreaking research.
Michael Hagele is an attorney who practices in the Bay Area of California. When he started out he as an in-house attorney for a number of tech company startups. He would be tasked with handling all of their legal affairs such as issues surrounding employment, mergers and acquisitions, corporate governance, and intellectual property rights. His first position was in the Licensing and Online Commerce Group for a law firm called Fenwick & West LLP. He attended the University of Iowa, where he earned his bachelor’s degree, and earned his law degree at the University of California, Berkeley.
He now operates his own law firm where he works exclusively with tech companies in the internet, electronic, aerospace, and biotech industries. He has developed a lot of experience over the years creating commercial agreements, writing up promotional and marketing arrangements, and helping companies buy and sell intellectual property rights among other areas. He also crafts agreements involving areas such as licensing, development, and distribution. Read more about Michael at premiergazzete.com
Michael Hagele says that when he was younger he was living and working in Chicago, Illinois. He spent a winter working at a car wash which he says was pretty miserable as that city gets so cold in the winter. His hands constantly felt painful, for example. He says it was this job which incentivized him to work hard and do good in college so that he wouldn’t have to take jobs like that again.
In order go grow his business, Michael Hagele uses social media to get his name out there and show what he can do for tech companies. He says this is a great way to personalize what he does for a living. At the same time he doesn’t overdo it which can come across as fake and forced. He thinks this is the best way to promote his legal services.
What he is most following in the tech industry of late is the rapid pace of development when it comes to artificial intelligence. He says this area shows vast promise, in particular machine learning. Machine learning can tease out details from vast sums of information that would be impossible for humans to process.
You can learn more about Michael Hagele by visiting:http://michaelhagele.com/
Shiraz Boghani is an entrepreneur who is talented when it comes to managing several businesses. Currently, he is based in the United Kingdom where he has found success in two different industries. The two companies he owns have been running smoothly. He has also used Shiraz Boghani’s experience and knowledge he has acquired in the many years of work to guide the workers. The first venture was Splendid Hospitality Group where he dedicated his time to grow the company. Today it has expanded to chains of hotels in London. He has restaurants and hotels spread all over the UK. He is also into healthcare business known as Sussex healthcare which gives excellent services to patients. The healthcare facility is one of the best in the UK because of the kind of services it provides.
The best thing with Shiraz Boghani is that he dedicates his time and money to help others in the society. He has been involved in philanthropic activities because he also wants others to live good lives and achieve the success he has achieved. He regularly contributes funds to assist the Ismaili community in the UK and the other parts of the world. His contributions also go to the Aga Khan Development which has today expanded to become a global organization. Shiraz Boghani is the CEO of Splendid Hospitality Group where he gives his employees great insights into working ethics.
The company has been expanding since it began because of his leadership ability. His dedication was recognized after Shiraz Boghani was awarded the Asian Award which recognizes those who are hard working in the hotel industry. He was happy that he won the award and thanked all his employees for the excellent work they have been doing. Shiraz is also involved in running Sussex healthcare which has been there providing quality services consistently. Those with various physical conditions and also the senior people have found the place to be a good home. Shiraz was born in Kenya but went to the UK to pursue education. However, he has managed to also excel in business because he is committed and loves his job.