JD.com founder Richard Liu resigns as CEO

Chinese e-commerce company JD.com said Thursday that its founder Richard Liu has left his position as CEO, the latest Chinese billionaire founder to step aside amid increased government scrutiny of the country's technology industry. Liu will hand over the reins to JD.com's president Xu Lei, according to a company statement. Liu will remain as the … Continue reading JD.com founder Richard Liu resigns as CEO