JD.com Averts a Crisis as Billionaire CEO Cleared in Rape Probe

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Chief Executive Officer Richard Liu won’t be charged in connection with a rape investigation in Minneapolis, ending a months-long probe that made global headlines and cast doubt over JD’s leadership. On Friday, JD gained 5.9 percent to $21.08 -- still well below roughly $30 before Liu’s arrest became public. Liu, who controls a majority of the $35 billion company’s voting rights, was arrested Aug. 31 and accused of raping a 21-year-old female Chinese undergraduate student.

from Yahoo News - Latest News & Headlines https://yhoo.it/2T9fj9A

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