Richard Liu, CEO and founder of JD.com, raises his hands after the opening bell of Nasdaq in New York in this May 22, 2014 file photo. Liu wants to expand the company into online insurance and finance. Photo: Reuters

JD.com expands online finance business to insurance, banking in bid to topple Alibaba

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Richard Liu, CEO and founder of JD.com, raises his hands after the opening bell of Nasdaq in New York in this May 22, 2014 file photo. Liu wants to expand the company into online insurance and finance. Photo: Reuters
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