JD.com CEO Richard Liu hands over reins of presidency for his e-commerce empire as crackdown on tech titans drags on

//JD.com CEO Richard Liu hands over reins of presidency for his e-commerce empire as crackdown on tech titans drags on

JD.com CEO Richard Liu hands over reins of presidency for his e-commerce empire as crackdown on tech titans drags on

Richard Liu Qiangdong, the billionaire founder of China’s e-commerce platform JD.com, has given a frontline management position to one of his subordinates to spend more time on long-term strategies and rural development, the company said in a statement.The Beijing-based online retail giant announced on Monday that Xu Lei, the chief executive of JD Retail, was promoted to president of JD to run “day-to-day operations”. He will continue to report to Liu, who remains chairman and CEO.Liu’s move…

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By | 2021-09-06T11:00:21+00:00 September 6th, 2021|Headlines|Comments Off on JD.com CEO Richard Liu hands over reins of presidency for his e-commerce empire as crackdown on tech titans drags on