JD.com’s billionaire founder Richard Liu won’t be charged in sexual misconduct case

Roughly four months after JD.com’s billionaire CEO Richard Liu was arrested and later released by Minneapolis police on suspicion of alleged sexual misconduct, local authorities say they will not be charging him in a sexual misconduct case. In a statement, Hennepin County Attorney Mike Freeman said it was not possible to prove beyond a reasonable doubt the […]

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Alibaba and Amazon move over, we visited JD.com connected grocery store in China

The arms race to build the future of grocery stores is heating up in China. To no one’s surprise, the main contestants are the country’s ecommerce titans Alibaba and JD.com, which are turning offline for growth. Online retail has flourished in China, but it still accounts for less than 20 percent of the nation’s overall consumption, according […]

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