Richard Liu Qiangdong is a Chinese businessman JD.com’s founder and chief executive of JD.com, a Chinese e-commerce site similar to Amazon.
Compared to most other CEOs, Liu Qiangdong has not been afraid to be outspoken on topics such as Alibaba’s monopoly and the importance of fair trade. In an interview with CNBC, Richard Liu said, “We don’t want people to buy from us because they can get it cheaper.”
Born in Zhejiang Province, Richard Liu was raised in an environment of extreme poverty and was afflicted with leprosy as a child. Once he was cured of the illness, Richard Liu’s father opened a small retail store. To make money and pay for his education, Richard Liu worked as a taxi driver during high school and sold souvenirs at local stores while selling newspapers at night.
In addition to being a successful businessman, Richard Liu is also a philanthropist. He established the Richard Weng Foundation, dedicated to helping children with leprosy in Africa and collecting money for charitable causes.
Richard Liu is a prominent opponent of Alibaba’s monopoly. In his interview with CNBC, he said, “Alibaba likes monopolistic practices because it gets better margins for the sellers and makes it easy for the retailers to sell their products. But we don’t want people to buy from us because they can get it cheaper.”
In addition to being an outspoken opponent of Alibaba’s monopoly, Qiangdong has also advocated for fair trade and the importance of good business practices.
Richard Liu is a successful entrepreneur and philanthropist but has not been afraid to speak out against practices he deems unfair. Refer to this article for related Information.
More about Richard Liu on https://variety.com/exec/richard-liu/