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Chinese Billionaire s Fortune Cut By Half As Company Stock Implodes: Report

JD.com lags behind competitors including Alibaba and PDD Holdings when it comes to attracting merchants and distributors that sell low-cost goods.

Richard Liu s Fortune Drops $6 6 Billion As Woes Mount For JD com

Liu has seen his wealth cut by more than half as his e-commerce site struggles to adapt to China s tepid economic recovery.

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