![](https://i.imgur.com/CLvY2jA.png")
28-06-2022, 08:49 AM
Yaling Jiang in Shanghai
Published: 11:00pm, 27 Jun, 2022
JD.com founder Richard Liu Qiangdong has cashed out nearly US$1 billion from the e-commerce giant he founded since stepping down from the chief executive role in April
......
Liu, who has a personal net worth of US$14 billion ...... has sold Nasdaq-listed JD.com stock and Hong Kong-listed JD Health shares worth a combined US$988 million since April
......
Liu’s stock sales and retreat from a front-office role are in line with a sector trend, with a slew of tech CEOs including Zhang Yiming, founder of TikTok-owner ByteDance, Su Hua, founder of short-video app Kuaishou, and Colin Huang, founder of popular e-commerce platform Pinduoduo, all retreating from daily operations.
In addition to handing over the top role to Xu Lei this April, Liu has also stepped back from executive responsibilities at subsidiaries including JD Logistics and JD Digits.
https://www.scmp.com/tech/big-tech/artic...e-commerce
Published: 11:00pm, 27 Jun, 2022
JD.com founder Richard Liu Qiangdong has cashed out nearly US$1 billion from the e-commerce giant he founded since stepping down from the chief executive role in April
......
Liu, who has a personal net worth of US$14 billion ...... has sold Nasdaq-listed JD.com stock and Hong Kong-listed JD Health shares worth a combined US$988 million since April
......
Liu’s stock sales and retreat from a front-office role are in line with a sector trend, with a slew of tech CEOs including Zhang Yiming, founder of TikTok-owner ByteDance, Su Hua, founder of short-video app Kuaishou, and Colin Huang, founder of popular e-commerce platform Pinduoduo, all retreating from daily operations.
In addition to handing over the top role to Xu Lei this April, Liu has also stepped back from executive responsibilities at subsidiaries including JD Logistics and JD Digits.
https://www.scmp.com/tech/big-tech/artic...e-commerce
