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Richard Liu

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China's JD.Com Founder Richard Liu Steps Down As CEO
April 7th, 2022 - 11:47 GMT

China's JD.Com Founder Richard Liu Steps Down As CEO

Richard Liu, the Chinese billionaire who is the founder of Chinese e-commerce giant JD.com, has stepped down from his role as CEO of the company, CNBC reported. The CEO's decision comes as Beijing continues to tighten regulation on its domestic technology sector and scrutinize the business practices of tech companies. The president of JD.com, Xu Lei, will take over as CEO and join the company’s board of directors, with immediate ...
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