--- title: "Liu Qiangdong talks about his first retirement: At that time, I was too idealistic, wanting to be the first internet company with a legacy of professional managers" description: "JD.com Chairman Liu Qiangdong discussed his experience of retiring for the first time at a sharing session, stating that he was overly idealistic at the time, wanting to be the first internet company " type: "news" locale: "en" url: "https://longbridge.com/en/news/244891285.md" published_at: "2025-06-17T11:32:05.000Z" --- # Liu Qiangdong talks about his first retirement: At that time, I was too idealistic, wanting to be the first internet company with a legacy of professional managers > JD.com Chairman Liu Qiangdong discussed his experience of retiring for the first time at a sharing session, stating that he was overly idealistic at the time, wanting to be the first internet company with a professional manager succession. He believes that the succession issue is serious among domestic enterprises, so he chose to retire and let young people take over, rather than passing the company to his own children. Liu Qiangdong mentioned that during his time studying at Columbia University, he observed the company's operations and found that it operated well after his departure, which led him to decide to select a CEO for the company in 2018 JD.com Chairman Liu Qiangdong spoke at a sharing session today about his previous statement regarding retirement, saying, "The first time was not a real retirement; I was too idealistic at that time." Liu Qiangdong stated that he decided to step down because he felt that the issue of succession in domestic enterprises was quite serious, and at that time, he was particularly idealistic, wanting to be the first large internet company to have professional managers for succession, rather than insisting on working until he was over eighty. He believed that "if it's time to retire, then retire, let the young people take over, and don't pass it on to your own children." Liu Qiangdong mentioned that he went to Columbia University to observe how the companies would fare after his departure. After leaving for more than eight months without returning, and with only one phone call a week at most, while not attending any meetings, he found that things were going quite well. Therefore, in 2018, he decided to choose a CEO for the company ### Related Stocks - [JD.US - JD.com](https://longbridge.com/en/quote/JD.US.md) - [09618.HK - JD-SW](https://longbridge.com/en/quote/09618.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | JD.com Launches JoyExpress Delivery Service in Europe | JD.com Inc. has launched JoyExpress, an express delivery service in Europe, initially supporting its Joybuy online retai | [Link](https://longbridge.com/en/news/275471227.md) | | JD.com's Jingdong Property files for Hong Kong IPO | Jingdong Property, a logistics infrastructure manager majority-owned by JD.com, has filed for an IPO in Hong Kong. This | [Link](https://longbridge.com/en/news/273788129.md) | | Raiffeisen Bank International AG Has $7.71 Million Stake in HDFC Bank Limited $HDB | Raiffeisen Bank International AG increased its stake in HDFC Bank Limited by 150.5% in Q3, owning 225,844 shares valued | [Link](https://longbridge.com/en/news/276512743.md) | | Raiffeisen Bank International AG Has $8.15 Million Stake in The Travelers Companies, Inc. $TRV | Raiffeisen Bank International AG reduced its stake in The Travelers Companies, Inc. by 18.8% in Q3, now holding 29,456 s | [Link](https://longbridge.com/en/news/276512750.md) | | HighTower Advisors LLC Buys 88,381 Shares of Carnival Corporation $CCL | HighTower Advisors LLC increased its stake in Carnival Corporation (NYSE: CCL) by 22.3% in Q3, acquiring 88,381 shares, | [Link](https://longbridge.com/en/news/276510899.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.