Richard Liu Qiangdong Reveals Information About

Richard Liu Qiangdong is the founder and the CEO of, the largest retailer in China. The company opened doors in 2004 although it was a rebrand of JingDong, a brick and mortar business that he had started in 1998. Ever since starting this business, his journey in entrepreneurship has been exceptional. He one of a kind business person who possesses skills that cannot be matched by many. His ability to spot opportunities and to make decisions that lead to instant success is unique. By the time he was establishing He was already in charge of 12 physical stores that dealt with computer accessories.

Richard Liu Qiangdong in an interview at the World Economic Forum revealed exclusive information about his entrepreneurial journey. He started by stating that the name comes from a combination of his name and that of his girlfriend. is currently worth over $6o billion and employs over 167,000 employees. Last year, the company added more than 30,000 workers, an indication of the thorough expansion of the business operations. Richard Liu who was born in a humble family, where his parents owned a small coal shipping business, was interested in going into business. While in college, he started his first business which was a restaurant, but it failed. However, he learned the reason it failed and decided to rectify in the next business. While other students were looking for opportunities to work with the government, Liu was interested in starting a business.

The success of Richard Liu Qiangdong came in 2004 when China was experiencing a SARS outbreak. Since he did not want his staff to be exposed to the epidemic, he offered them leave. While his business remained closed, he convened a meeting with the senior managers in his retail business. He wanted to know how they would address the situation. One of the managers suggested that they should try doing internet business where they would not need to see the customer in order to serve them. This is the magical idea that Richard Liu embraced and the business has never been the same before. They tested the idea by closing the physical doors for a year and realized that it was indeed profitable and easier to manage an internet based business.

Ara Chackerian contribution to the health sector

Ara Chackerian stays in California, where he is popularly known for his impact in the healthcare department. He pursued his studies from Florida State University, where he acquired a degree in marketing. Previously, he was the owner of the BMC Diagnostics and supported it up to its purchase by Health Diagnostics.He also served a senior position in the management of Pipeline Health Holdings.

Over his duration in the health sector, he has been trying to connect healthcare amenities with advanced technologies. Besides health, he has a passion for the environment and youth developments. Limonapa Teak is an environmental project that he has had in Nicaragua. He has created hundreds of job opportunities for occupants in that region. Ara Chackerian linked up with Richard Bermudas to research technology and therapies which landed them to TMS. This is an organization that has the capability to become the backbone of psychiatric healthcare.

Their idea was to build a healthcare model that allowed the ill and the practitioners to fulfill their results. Both individuals have been able to build seven fresh facilities since their partnership two years ago. The facilities are operating in the San Francisco Bay Area and Sacramento. Telemedicine and advanced healthcare applications are the trends which he is interested in. That is because they have the capability to bring value to the health sector.

According to Ara Chackerian, Welltower is among the leading drug manufacturing. This is because of the high demand for its drugs. Moreover, the firm is expected to perform better in the future due to the appropriate leadership. Abbvie is also a drug producer that has captured the global market for a long duration. Humira, one of its medicines is really doing well globally. Lastly, there is Pfizer which has been concentrated in the health industry. Its stock has been in good from 1938.