JD.com’s headquarters in Beijing, November 9, 2021. Photo: Reuters
JD.com’s headquarters in Beijing, November 9, 2021. Photo: Reuters
JD.com

JD.com founder Richard Liu hands over chief executive’s role to Xu Lei, becoming the latest Chinese tech billionaire to step back

  • Xu Lei, with more than 10 years at the company, will also join the board as an executive director, while Richard Liu remains as chairman
  • In 2021, JD.com reported an operational profit of US$600 million, down 66.7 per cent year on year

JD.com’s headquarters in Beijing, November 9, 2021. Photo: Reuters
JD.com’s headquarters in Beijing, November 9, 2021. Photo: Reuters
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