JD.com’s billionaire founder back in China after alleged sexual misconduct in US
JD.com is China’s largest e-commerce company after Alibaba Group, backed by Tencent Holdings, Walmart and Google
Beijing — JD.com’s billionaire founder returned to China after his weekend arrest for alleged sexual misconduct in Minnesota, where local police are investigating the CEO of one of the Asian country’s largest internet corporations. Liu Qiangdong, who uses the English name Richard Liu, is a doctoral student at the University of Minnesota and was in Minneapolis for his studies, the college confirmed. The case involves a Chinese student at the school, according to the Financial Times and the Star-Tribune. Liu was brought in at 11.32p on Friday on an accusation of "criminal sexual conduct" and released just more than 16 hours later, according to arrest records. Minneapolis police department spokesperson John Elder declined to provide further details about the reasons for the arrest, but said authorities decided not to keep Liu in custody and haven’t imposed any travel restrictions while conducting their investigation. JD.com is China’s largest e-commerce company after Alibaba Group, bac...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.