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#1 von wuming , 27.03.2018 11:32

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With an iron grip Terrance Ferguson Thunder Jersey , JD Inc founder Richard Liu has dragged China's number two online retailer from a Beijing backwater to a rich New York listing. Beyond the wealth that brought him lies Liu's next target - beating Jack Ma's Alibaba.

Richard Liu, CEO and founder of China's e-commerce company JD, rides an electric tricycle as he delivers goods for customers to celebrate the anniversary of the founding of the company Richard Liu, CEO and founder of China's e-commerce company JD, rides an electric tricycle as he delivers goods for customers to celebrate the anniversary of the founding of the company Richard Liu, CEO and founder of China's e-commerce company JD, rides an electric tricycle as he delivers goods for customers to celebrate the anniversary of the founding of the company Richard Liu, CEO and founder of China's e-commerce company JD Steven Adams Thunder Jersey , rides an electric tricycle as he delivers goods for customers to celebrate the anniversary of the founding of the company Richard Liu, CEO and founder of China's e-commerce company JD, rides an electric tricycle as he delivers goods for customers to celebrate the anniversary of the founding of the company Richard Liu, CEO and founder of China's e-commerce company JD, rides an electric tricycle as he delivers goods for customers to celebrate the anniversary of the founding of the company Richard Liu, CEO and founder of China's e-commerce company JD, rides an electric tricycle as he delivers goods for customers to celebrate the anniversary of the founding of the company Richard Liu, CEO and founder of China's e-commerce company JD Shawn Kemp Thunder Jersey , rides an electric tricycle as he delivers goods for customers to celebrate the anniversary of the founding of the company Richard Liu, CEO and founder of China's e-commerce company JD, rides an electric tricycle as he delivers goods for customers to celebrate the anniversary of the founding of the company Richard Liu, CEO and founder of China's e-commerce company JD, rides an electric tricycle as he delivers goods for customers to celebrate the anniversary of the founding of the company

"The competition makes the two companies stronger," said Liu, a billionaire at 41. "I'm actually enjoying competing," the chief executive told Reuters in an interview.


On top of shares in a $37 billion company that mean he's now worth close to $8 billion Russell Westbrook Thunder Jersey , Liu still controls 84 percent of voting rights at JD. If that causes corporate governance concerns, it makes his resolve to take on his biggest competitor, the Alibaba Group Holding Ltd [IPO-ALIB.N] e-commerce juggernaut co-founded by Ma, all the more personal.


"He has this ambition to win... He says there's only number one, there's no number two," said Kathy Xu, founder and managing partner of Capital Today Group. Xu, one of China's most successful venture capitalists Raymond Felton Thunder Jersey , put $10 million into JD in 2006: Her investment's now worth 110 times that amount.


Like Amazon Inc, JD has a logistics-focused e-commerce business. The company, whose delivery staff outnumber Alibaba's 22,000 employees, promises same-day delivery in 43 of China's biggest cities.


That sets it apart from Alibaba, which still depends on China's often unreliable postal infrastructure to get goods to its customers' doors as it accounts for about 80 percent of all e-commerce in China.


"It's who can give customers the best experience, they're the one who'll succeed and achieve ultimate victory," said Liu. According to iResearch Ray Allen Thunder Jersey , China's e-commerce market will grow nearly two-thirds to 4.45 trillion yuan ($717 billion) in 2017 from 1.84 trillion y. Wholesale Jerseys Free Shipping Wholesale Sports Jerseys Wholesale NCAA Jerseys Free Shipping Wholesale NBA Jerseys Free Shipping Wholesale College Jerseys Cheap Wholesale NBA Jerseys Free Shipping Cheap NCAA Jerseys Wholesale Cheap NBA Jerseys Wholesale Wholesale Soccer Jerseys Free Shipping Wholesale NHL Hockey Jerseys

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