Mr. Richard Qiangdong Liu is the Founder and serves as Chairman and Chief Executive Officer at JD.com. He serves as the Managing Director at Morningside Venture Capital. He is also the Founder and Chairman of JD Digits. Mr. Liu has over 15 years of experience in the retail and e-commerce industries. In June 1998, Mr. Liu started his own business in Beijing, which was mainly engaged in the distribution of magneto-optical products. In January 2004, Mr. Liu launched his first online retail website. He founded our business later that year and has guided our development and growth since then. Mr. Liu received a bachelor's degree in sociology from People's University of China in Beijing and an EMBA degree from the China Europe International Business School.