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

Richard Liu, CEO and founder of Chinese e-commerce giant JD.com, speaks before ringing the opening bell at the Nasdaq Market Site building in New York on May 22, 2014. JD announced on Monday that Liu is stepping down as president of his company, but retaining his CEO and chairman positions. Photo: Reuters Richard Liu, CEO and founder of Chinese e-commerce giant JD.com, speaks before ringing the opening bell at the Nasdaq Market Site building in New York on May 22, 2014. JD announced on Monday that Liu is stepping down as president of his company, but retaining his CEO and chairman positions. Photo: Reuters

Richard Liu, CEO and founder of Chinese e-commerce giant JD.com, speaks before ringing the opening bell at the Nasdaq Market Site building in New York on May 22, 2014. JD announced on Monday that Liu is stepping down as president of his company, but retaining his CEO and chairman positions. Photo: Reuters

South China Morning Post

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