China’s second largest e-commerce company JD.com quietly closed down its office in Melbourne after a little over a year of operation, putting the company’s CEO Liu Qiangdong’s ambitious expansion plans into the southern hemisphere on hold.
Two edited surveillance videos of JD.com’s Richard Liu and his accuser Jingyao Liu were posted on Chinese social media Weibo on Apr. 22. It soon went viral and caused heated discussion in China. What the videos show seems to be unfavorable to Jingyao Liu, the Minnesota student who accused Richard Liu of battery and rape in a civil lawsuit.
Jingyao Liu, an undergraduate student at University of Minnesota, filed a civil lawsuit against Richard Liu and his company JD.com Inc. The lawsuit accused Richard Liu and JD.com of a total of six counts of false imprisonment, civil assault and battery, as well as sexual assault or battery.
Amazon will be exiting China and releasing an official statement on the matter this week, as insiders have told Chinese media. Actual date of disclosure is unknown.
“Those who fool around all day long are not my brothers! I am responsible for the 180,000 families behind the 180,000 brothers. So I cannot cover for those one percent who fool around, I have no choice!”
According to Forbes, a record number of Chinese investors, particularly women investors, have made Forbes’ 2019 Midas List.
JD.com, China’s leading technology driven e-commerce company and retail infrastructure service provider, announced its financial results for the forth quarter and full year of 2018.
Chinese e-commerce giant JD.com, Inc., Institute of Software at Chinese Academy of Sciences, and New Jersey Institute of Technology (NJIT) in the U.S. co-launched a joint lab on blockchain research on Oct. 21 in Beijing.
Chinese e-commerce giant JD.com partnered with World Wide Fund for Nature (WWF) and The China Children and Teenagers’ Fund (CCTF) to launch the second-annual “Green Planet-Sustainable Week” event.
On the afternoon of Sept. 27, JD.com Inc. announced that the online retail platform JD CENTRAL, built together with Thai conglomerate Central Group of Companies, will officially launch on Sept. 28 in Thailand.
The sexual misconduct allegation against Richard Liu, founder and CEO of China’s e-commerce giant JD.com, has now been handed over for prosecution, according to a statement released by the U.S. Minneapolis police on September 20.
Here are the hot trending topics in China last week.
News of Liu Qiangdong’s arrest broke out over the Labor Day weekend in the U.S. city of Minneapolis. Liu, chairman and CEO of the Chinese e-commerce retailer JD.com Inc., was briefly arrested for alleged criminal sexual misconduct and has since been released from custody.
JD.com Inc, China’s second largest e-commerce platform, reported a 31.2 percent rise in its second-quarter revenue on Thursday, falling short of analysts’ estimates after a worse-than-expected sale season.
China’s leading e-commerce platform JD.com opened its first overseas unmanned store, JD.ID X-Mart, an AI-powered experience store in the Indonesian capital of Jakarta.