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asia

JD.com Founder Steps Away From Role as CEO

By
Shai Oster
· · Source: Bloomberg

Richard Liu, founder of Chinese e-commerce company JD.com, will step away from his role as CEO to be replaced by company president Xu Lei who will also join the company’s board. Liu will continue to focus on long term strategy. Liu will retain his title of chairman of China’s second biggest online retailer. He joins a string of other high profile Chinese tech founders who have stepped back...

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