Wealth

JD's billionaire founder Richard Liu step away from his top role as Beijing calls for common prosperity- PingWest

JD said on Monday that the company has promoted Xu Lei, the chief executive of JD retail, to president of JD and took over Richard Liu’s role to run day-to-day operation for the Chinese e-commerce giant. Xu Lei will directly report to Liu, who remain his position as chairman and CEO of the …

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