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With Founder Fading Out, JD.com Moves to Collective Leadership

E-commerce giant’s founder Richard Liu is stepping-down as CEO, joining the ranks of Internet entrepreneurs stepping back from their companies

This article only represents the author's own views.

Another strongman from the China internet realm has turned in his high-tech keys. But does it really matter?

JD.com Inc. (JD.US; 9618.HK) announced that founder Richard Liu had stepped down as the CEO of the company but will retain his chairman title to dedicate himself to developing long-term strategies and making major decisions, as well as cultivating young leaders and assisting the cause of revitalizing rural China.

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詠竹坊(官網鏈接)提供在香港和美國上市的中國企業相關新聞,重點關注中小企業和籌備上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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