Billionaire Liu Qiangdong, founder of Chinese e-commerce giant JD, stepped down as its chief executive officer on Thursday and handed over the baton to Xu Lei, president of JD.
JD elevates Xu Lei to CEO as Liu steps down--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
JD com s founder Richard Liu steps down as CEO chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
In today’s China, behemoths like Alibaba Group Holding Ltd. and Tencent Holdings Ltd. are out of favor, but “little giants” are on the rise. That’s the designation for a new generation of start-ups that have been selected under an ambitious government program aimed at fostering a technology industry that can…