Richard Liu Qiangdong is the founder and CEO of JD.com, a major Chinese e-commerce company. According to Bloomberg Billionaires Index, Liu Qiangdong is one of the top ten wealthiest people in China, with a current net worth of $8.5 billion.
Liu studied abroad at Harvard University and held a Ph.D. in Computer Science from Purdue University. In 1999, he joined Microsoft as a researcher and worked on the company’s advertising platform, MSN Ad Center, for two years. While at Microsoft, Liu invented an ad matching and bidding algorithm that helped improve the search engine’s quality.
Born in Wuhan, China, Richard Liu studied mathematics at his local high school before moving to the United States to attend Harvard University. While in Cambridge, Massachusetts, Liu volunteered with a Harvard Overseas Chinese Student Association group. He later founded the group and served as its president. Through this group, Liu met Eugene Zhang and Jim Hu, studying computer science at Purdue University. The trio became friends and decided to start a company together after graduation.
In 1999, Richard Liu joined Microsoft as a researcher and worked on the company’s advertising platform, MSN Ad Center, for two years. While at Microsoft, Richard invented an ad matching and bidding algorithm that helped improve the search engine’s quality. After leaving Microsoft in 2001, Liu returned to China and co-founded Beijing Weimeng Technology with Zhang and Hu. The startup provided internet solutions for companies; it would later become JD.com.
In 2002, the company was renamed Juhuasuan, meaning forbidden to buy since it was banned from purchasing items in China. In 2004, the brand name was changed to JD.com, and the company launched its website that same year. The company has since expanded into providing e-commerce solutions for businesses in various industries, including telecommunications, internet infrastructure, travel, technology, and more. See this page for additional information.
More about Liu Qiangdong on https://medium.com/@liuqiangdong