By  on June 19, 2018

SHANGHAI — Singles’ Day, meet 6.18.

Twenty years ago, on June 18, 1998, Richard Liu opened a 40-square-foot retail unit in Beijing selling tech products. With the outbreak of SARS, Liu recognized that he needed to harness the power of the Internet to sell his products, and in 2004 he launched the online predecessor to JD.com. From those beginnings, JD has grown to become one of China’s largest online retailers and a member of the Global Fortune 500.

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