China’s top regulatory body gave the green light on Tuesday for the establishment of Jiangsu Jingdong Cargo Airlines, a new enterprise whose chief investor is led by founder of domestic e-commerce giant JD.com.
Despite all the trouble that JD CEO Liu Qiangdong got himself into last year, his company, although expected to come to naught (JD’s stock price fell by 40%), has prospered. Obviously, that does not refer to every aspect of every project, but overall figures present an impressive achievement. With a yearly operating income of 462 billion yuan, JD made it to the very apex of the Internet and technology section of the Chinese Fortune 500 list.
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.
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.
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.
On April 16, Liu Qiangdong, Chairman and CEO of Jingdong Group, or better known as JD.com, came to Madrid, Spain, to attend the World Retail Conference (WRC). He is also publicizing JD’s Spanish website Joybuy.es that was just released for public testing on April 12.