The billionaire founder and chief executive of Chinese e-commerce giant JD.com Inc (JD.O), Richard Liu, was arrested in the U.S. state of Minnesota on suspicion of criminal sexual conduct and later released after what the company said was a false accusation. JD.com, backed by Walmart Inc (WMT.N), Alphabet Inc’s (GOOGL.O) Google, and China’s Tencent Holdings , said in a statement on Sunday that Liu, whose Chinese name is Liu Qiangdong, was falsely accused. …read more
Source:: Yahoo Finance
