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JD.com Down After CEO Arrested In U.S.

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SHANGHAI (Reuters) - Chinese retailer JD.com Inc’s (JD.O) stock fell nearly 3 percent in premarket trading on Tuesday after the firm’s CEO was arrested in the United States on suspicion of criminal sexual conduct and later released. Richard Liu, who founded the firm in 1998, was arrested by police in the U.S. city of Minneapolis on Friday and released the next day before returning to China. U.S. markets were closed on Monday.

Added on the 04/09/2018 07:22:58 - Copyright : Wochit

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