BEIJING/SHANGHAI (Reuters) – Richard Liu, founder and chief executive of JD.com, has kept tight control of the business as he takes aim at the likes of Amazon.com, but faces a battle on a new front after being arrested in the United States following an accusation of sexual misconduct. The Chinese company has said the accusation against Liu, 45, is unsubstantiated. Police in Minneapolis say they are investigating, though Liu was released after a night in jail, and JD.com said on Monday he had returned to China. …read more
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