Tech

The billionaire founder of Chinese tech giant JD.com is locked in a bitter lawsuit over a rape allegation by a college student: Here’s everything we know about the case

Richard Liu, the billionaire founder of China’s JD.com and one of the richest men in China, is facing a rape accusation in a civil court from a University of Minnesota college student. He denies the allegations. Liu was arrested last summer but was released shortly after. Minneapolis prosecutors also decided […]
The billionaire founder of Chinese tech giant JD.com is locked in a bitter lawsuit over a rape allegation by a college student: Here’s everything we know about the case
Markets

College student files lawsuit against the Chinese billionaire founder of JD.com after US prosecutors declined to charge him over rape accusation

The billionaire founder and CEO of the Chinese e-commerce giant JD.com was arrested in Minneapolis last August after an accusation of rape. Minnesota authorities released Richard Liu Qiangdong without charge the day after the arrest and declined to press charges in December, citing insufficient evidence. His accuser, 21-year-old Liu Jingyao, […]
College student files lawsuit against the Chinese billionaire founder of JD.com after US prosecutors declined to charge him over rape accusation
Markets

JD.com sinks after getting its most bearish target on Wall Street

JD.com shares dropped more than 5% Monday after Morgan Stanley slashed its price target. CEO Liu Qiangdong was briefly detained in the US over Labour Day weekend due to a rape allegation. He denied any wrong doing and has returned to China. Liu will no longer attend a state-run artificial […]
JD.com sinks after getting its most bearish target on Wall Street
Markets

JD.com keeps sliding on reports its CEO could face a first-degree felony

JD.comCEO Liu Qiangdong could face a first-degree felony over a sexual-misconduct allegation, according to the Associated Press and South China Morning Post. Liu returned to China and appeared at an event in Beijing on Tuesday after being detained in Minneapolis, Minnesota on sexual-misconduct allegations over the weekend. JD.com shares trade […]
JD.com keeps sliding on reports its CEO could face a first-degree felony