richard liu Archives

JD.com Founder Richard Liu Returns to China

Richard Liu, the founder and chairman of Chinese e-commerce giant JD.com, was recently spotted arriving at Beijing Capital International Airport.

JD.com Founder Richard Liu Condemns Firm Executives in Email, Adhering to Low-Price Strategy

Richard Liu, the founder and former CEO of Chinese e-commerce giant JD.com, emphasized that low prices are the core competitiveness of the retail industry.

Rape Allegation Involving JD.com Founder Richard Liu Ends With Settlement

A rape allegation involving Richard Liu, founder of Chinese e-commerce giant JD.com, has finally come to an end. The lawyers of both sides issued a joint statement showing that they had reached a settlement.

Rape Accuser of JD.com’s Richard Liu Asks for Punitive Damages

Last Friday, a Minnesota court held a four-hour hearing in which Liu Jingyao, the accuser, asked for punitive damages from both Richard Liu and Chinese e-commerce giant JD.com. She attended the hearing in person.

MiraclePlus Welcomes Investment from Sequoia, Former JD.com CEO After Y Combinator Exit

MiraclePlus RMB Fund I, L.P., recently completed a new round of funding, with Sequoia and former JD.com CEO Richard Liu among its investors.

JD Posts Strong Q4 and Optimistic on Outlook

Bejing-based e-commerce giant JD.com surpassed the high end of their guidance range posting quarterly revenue of 170.7 billion yuan.

JD.com Reports Overall Growth in Second Quarter 2019

JD.com, China's e-commerce giant and retail infrastructure service provider, saw positive results from its second quarter of 2019, according to the newest earnings report released on Aug. 13.

JD.com Tops the Fortune 500 List of Chinese Internet Companies

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.

Edited Surveillance Videos of JD.com’s CEO Richard Liu Cast More Doubt on the Sexual Assault Case

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.

University of Minnesota Student Sues JD.com’s CEO Richard Liu for Alleged Rape

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.

Is 996 Truly a Blessing? Let’s Hear What Richard Liu and Jack Ma Have to Say

“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!"

JD.com Beats Forecast with 22% Increase in Revenue

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.

Google Invests $550 Million in Chinese E-Commerce Giant JD.com

On June 18, JD.com announced a strategic investment of $550 million from Google and an establishment of a broad strategic partnership between both parties.

Richard Liu on Entrepreneurship: Several Must-Do’s For Success

At the Press Conference of the First Session of the 13th CPPCC National Committee, Richard Liu, CPPCC member and JD.com founder, provided some suggestions for young people establishing their own companies.

JD Logistics Raises $2.5B, Largest in China’s Logistics Industry

JD Group announced that it has raised $2.5 billion by selling stake in JD Logistics. After the transaction completes, JD Group will hold 81.4 percent of JD Logistics equity.

Richard Liu: Spread JD.com Across Europe

Richard Liu, founder and CEO of JD.com, said the company plans to challenge Amazon in Europe in 2019 and to spread across the continent within a few years. Liu said the JD.com would launch its ecommerce platform and distribution services in France, then expand to the UK and Germany.

Market Value of JD.com Hits Record High of 450B Yuan

Shares of JD.com hit a record high on Janary 27 after rising steadily since December 2017. The price started at $48.23, broke through the $50 mark and closed at a record high of $50.5 a share.

JD.com Plans to Sell 2B Euro French Goods in Next Two Years

French President Macron is on a state visit to China. Under his witness, JD.com group signed memorandums of understanding with Business France and the French industrial engineering group Fives.

Tencent and JD.com Become Vipshop Shareholders with $863M Investment

Tencent, JD.com and Vipshop announced that Tencent and JD.com would invest US $863 million in Vipshop. After investment, JD.com is making a leap toward its goal of “selling clothes on JD.com”.

Richard Liu Criticizes Internet Monopoly: Unfortune for China if still BAT Decade Later

“The Internet is a natural monopoly industry, and if it is still dominated by Baidu, Alibaba and Tencent in a decade, it will be most unfortunate for China,” Richard Liu said at the release of Qihoo 360 CEO Zhou Hongyi’s new book in Beijing on November 19.

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