Richard Liu news and archive

JD.com names Lei Xu as the company's new CEO

JD.com, Inc. has announced the appointment of Lei Xu, president of JD.com, as the CEO of the company succeeding Richard Liu. Lei Xu, the company said, will also join the board as an executive director. Richard Liu will remain as the chairman of the board and continue to focus on guiding the long-term strategies, mentoring younger management, and...

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Business

JD.com no longer sure about plans to open European office

JD.com is apparently making a U-turn in its plans to expand to the European market. Six months after Founder and CEO Richard Liu told German newspaper Handelsblatt that the company was soon to open an office in the country, a spokesperson for the Chinese e-commerce giant told the same publication that, actually, a decision hasn’t been made yet...

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People

JD.com founder's US arrest stemmed from rape accusation: WSJ

Tech billionaire and JD.com founder Richard Liu's arrest last week in the US stemmed from a rape accusation, the Wall Street Journal reported Tuesday night. Liu was released without being charged after his arrest on Friday and has returned to China. JD.com, the company which Liu founded in 1998, is an e-commerce juggernaut in China and the main...