- CEO Liu Qiangdong was briefly detained in the US over Labor Day weekend due to a rape allegation. He denied any wrong doing and has returned to China.
- Liu will no longer attend a state-run artificial intelligence forum in Shanghai this week, Reuters says.
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JD.com sinks after getting its most bearish target on Wall Street (JD)
JD.com shares dropped more than 5% Monday after Morgan Stanley slashed its price target.
JD.com dropped more than 5% Monday after
Shares of JD.com, the second-largest Chinese e-commerce site after Alibaba, were under pressure earlier this month after CEO Liu Qiangdong was
Since his return to China, Liu has shown up at small signing events on behalf of the company, but is yet to attend any high-profile public event, Reuters says. And this week, Liu would be absent from a
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