The Sunday Guardian

JD.com CEO Liu will not face assault charges in Minnesota

- REUTERS

to re-victimize the young woman, we will not be going into detail,” Freeman said.

The 45-year-old Liu, who grew JD.com from a humble electronic­s stall to an e-commerce giant with 2017 net revenues of $55.7 billion and maintains tight control of the company, was released without charge about 17 hours after he was arrested on 31 August.

He quickly returned to China, where he has continued to run the company. His representa­tives have maintained his innocence after the woman from China studying at the University of Minnesota accused him of rape.

Liu said in a social media post he felt “utter self- admonishme­nt and regret” for the “enormous pain” his “actions on that day” caused his family, especially his wife, internet celebrity Zhang Zetian.

“I immediatel­y confessed to her the truth, and hope she can accept my most sincere apologies,” he said in a statement on the Weibo platform.

Liu said the decision by prosecutor­s not to press charges proved that he had not violated any laws “from to start to finish”.

He said he had been unable to defend himself earlier despite “misleading informatio­n” and could not respond to comments in social media and news reports because he did not want to obstruct the investigat­ion and judicial process.

JD.com shares extended gains on Friday after news spread of the decision not to prosecute, and closed up 5.9%.

The case has attracted extreme interest in China. Liu could have faced up to 30 years in prison under Minnesota law if convicted of first-degree criminal sexual misconduct.

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