Tuesday, 25 September, 2018

Chinese Billionaire Returns To China After Minnesota Arrest

CEO Liu Qiangdong attending a business forum in Hong Kong in June 2017 CEO Liu Qiangdong attending a business forum in Hong Kong in June 2017
Glenn Montgomery | 03 September, 2018, 19:14

He was brought in by police in Minnesota late on Friday on an accusation of "criminal sexual conduct" and released more than 16 hours later, according to arrest records.

Richard Liu, founder and CEO of Chinese online retail giant JD.com, was arrested over misconduct allegations on Friday and released the next day.

Liu, also known by his Chinese name Liu Qiangdong, was arrested over the misconduct allegations late Friday and released Saturday afternoon in the midwestern USA city of Minneapolis, records from Hennepin County Jail showed.

A Minneapolis police department spokesperson said over the weekend the investigation was "active" but Liu hadn't been charged.

It said Liu had been participating in a business activity at the time when false accusations were made against him, and that a police investigation had not found any inappropriate behavior.

JD.com is one of China's tech heavyweights, competing with larger rival Alibaba.

JD said it planned to make a selection of items available for sale in places like Europe and the United States through Google Shopping, which allows shoppers to search for products and compare prices on different e-commerce sites. It showed Liu was "released pending complaint".

There is also no clear successor to Liu, who is both chairman and chief executive, even as JD.com faces an escalating battle with Alibaba and has seen its shares fall 24 percent this year. He declined to say where in Minneapolis that Liu was arrested or what Liu was accused of doing.

That proved key to JD.com's rise, culminating in its listing in the United States in 2014.

This is not the first time Liu has been embroiled in a sexual misconduct incident.

He has properties overseas and is married to Chinese internet celebrity Zhang Zetian, often referred to by her nickname, Sister Milk Tea, reported to be about 20 years his junior. A guest at the party, Longwei Xu, was found guilty this July of seven charges, including having sex with his accuser without her consent. Liu grew up in a poor part of eastern China before attending the prestigious Renmin University in Beijing.

Liu, who also goes by the name, "Richard Liu", is registered as a student in the University of Minnesota's Carlson School of Management doctor of business administration China program, the Minneapolis Star Tribune reported.

Recommended

'I couldn't get air' - Roger Federer complains of humidity after shock defeat 'I couldn't get air' - Roger Federer complains of humidity after shock defeat That remains Nishikori's best Grand Slam showing. "You have a team to get you ready, but sometimes you just have to survive". The last Japanese woman to reach the final eight in a Grand Slam had been Shinobu Asagoe at the 2004 U.S.

PM Imran discusses security situation with Gen Bajwa PM Imran discusses security situation with Gen Bajwa Mr Sidhu on Sunday said, "I will tell you why my hope about the improvement in relations of both the countries got strengthen". However, experts believe that Pakistan might be unable to support Iran as it has promised.

Ohr's Federal Bureau of Investigation work to flip Deripaska could explain Trump taunts Ohr's Federal Bureau of Investigation  work to flip Deripaska could explain Trump taunts In December 2017, Ohr was reassigned from his job in the deputy attorney general's office and given new responsibilities. According to the Times, Ohr and Steele first discussed flipping Deripaska in November 2014.

Classy Hamilton outshines Vettel in Italy Classy Hamilton outshines Vettel in Italy I left him space". "I was just hopeful that later no I would have the opportunity to continue the fight". Monza is the one race a Ferrari driver always has to win and none has done that since 2010.

Police Shoot Gun-Wielding Man Before Rap Concert At Del Mar Police Shoot Gun-Wielding Man Before Rap Concert At Del Mar Shocking footage caught the moment commentators screamed "there's gun fire at the track" and a jockey was flung from his horse. There have reportedly been shots fired at Del Mar Racetrack in California tonight. "The involved deputies were not injured".

Charlie Nicholas reacts to Man United’s Champions League draw Charlie Nicholas reacts to Man United’s Champions League draw Red Star, former club of Reds midfielder Marko Grujic , are in the Champions League for the first time since 1992. The 33-year-old has won the last two Ballon d'Or awards and five in total.

Yaya Toure Close To Joining Greek Club Olympiacos Yaya Toure Close To Joining Greek Club Olympiacos Toure captured three Premier League titles, three League Cups and an FA Cup in 315 appearances for Manchester City . But Seluk said West Ham were not contenders as they were not fighting at the right end of the table.

Griezmann: 'Messi and Ronaldo are on a different level' Griezmann: 'Messi and Ronaldo are on a different level' Holders Real Madrid will face last season's semi-finalists AS Roma plus CSKA Moscow and Viktoria Plzen in Group G . Cristiano Ronaldo has asked Juventus for at least three bodyguards to look after him and his family in Turin.

Indians Acquire Josh Donaldson From Blue Jays Indians Acquire Josh Donaldson From Blue Jays It was felt that the Blue Jays would try to deal Donaldson after last season, when his value was still relatively high. Donaldson, 32, was the 2015 American League MVP and one of the most productive players over the previous five years.

Ariana Grande Beautifully Belted 'Natural Woman' At Aretha Franklin's Funeral Ariana Grande Beautifully Belted 'Natural Woman' At Aretha Franklin's Funeral Franklin died August 16 of Queen of Soul at 76. "It was more like us supporting each other", she recalled of their rise to fame. Greater Grace's Bishop Charles Ellis III says he wants all - even the famous - to leave with a "spiritual awakening".

Actor Gérard Depardieu accused of rape Actor Gérard Depardieu accused of rape The French actor's romantic history has also been turbulent with him divorcing his first wife actress Elisabeth Guignot in 1996. Depardieu has appeared in 200 films over six decades and holds a rare position as a French actor who is known in Hollywood.

Fearing 'perfect storm' United Nations urges evacuation of civilians from Idlib Fearing 'perfect storm' United Nations  urges evacuation of civilians from Idlib De Mistura asked if it's necessary to create a "worst-case scenario" just to secure Syrian government access to the roads. Mr de Mistura said both the government and the rebels had the ability to make chlorine-based chemical weapons.

Nick Kyrgios: It's always fun to play against Roger Federer Nick Kyrgios: It's always fun to play against Roger Federer Roger Federer says his favorite drinks are cold water and a sparkling glass of champagne. "I can't think of one", Ings tweeted. I didn't listen to what they said. "I know what I was doing out there wasn't good". "Nick, I know this is not you".

Apple Watch Series 4 Leaks Ahead of Launch Apple Watch Series 4 Leaks Ahead of Launch Apple has just announced that it will be hosting the 2018 iPhone launch event on September 12 at the Steve Jobs Theatre at 10 AM. Other new features are expected to include improved cameras, an A12 processor, more RAM and other beefed up internal specs.

Woman Seen In Restraints Ringing A Doorbell Is Found Woman Seen In Restraints Ringing A Doorbell Is Found Police say her boyfriend was found dead from a self-inflicted gunshot, according to the Montgomery County Sheriff's Office . They say she is now with family in Dallas. "There are no missing persons reports from the area that match this individual".