Chinese E-commerce Tycoon and JD.com’s Chief Executive Officer Liu Qiangdong was arrested on allegations of a sexual assault case in the US state of Minnesota on Friday. However, he was later released the next day, after what the company called a fake accusation.
Chinese media Caixin reported that Qiangdong is believed to be released on bail. According to the Hennepin county book records, after almost 16 hours, the suspect is now out of the custody.
JD.com released an official statement after the incident received public attention.
The E-commerce company said on its official Weibo confirming that Liu was under arrest over ‘unverified allegations’ on his business trip in the United States.
JD also said that local police have conducted investigations and did not find any ‘inappropriate activities’. Liu will continue on his scheduled business trips.
This is an emerging story. More inputs awaited...