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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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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...

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