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CHINA COURT REPORT: Chinese billionaire and JD.com founder Richard Liu settles US rape civil suit

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#AceNewsRoom With ‘Kindness & Wisdom’ Oct.02: 2022 @acenewsservices

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#AceBreakingNews – Billionaire Richard Liu, founder of one of China’s largest e-commerce platforms JD.com, has settled a civil suit brought by former University of Michigan student Liu Jingyao, who had accused him of rape.

Close up of the face of Chinese billionaire businessman Richard Liu.
JD.com founder Richard Liu was accused of rape by a university student back in 2018.(Reuters: Bobby Yip)none

The suit was part of a long-running legal battle between Richard Liu and Liu Jingyao, who was a 21-year-old student in 2018 when she said Richard Liu raped her after an evening of dinner and drinks.

A statement from the lawsuit’s parties said: “The incident between Ms Jingyao Liu and Mr Richard Liu in Minnesota in 2018 resulted in a misunderstanding that has consumed substantial public attention and brought profound suffering to the parties and their families.”

It went on to confirm that the case, which last week began jury selection proceedings in a Minnesota court, has been settled, but did not disclose the conditions of the settlement.

JD.com declined to comment further on the case, while lawyers for Richard Liu and Liu Jingyao did not immediately respond to a request for comment.

Mr Liu, 48, is a high-profile billionaire in China who founded and until earlier this year was chief executive of JD.com. He handed the CEO reins to Xu Lei in April.

The case heavily dented Mr. Liu’s reputation in China and put scrutiny on his control of the e-commerce giant. In 2019, he resigned from the advisory body of China’s parliament, citing “personal reasons”.

Liu Jingyao filed the civil suit in April 2019, four months after prosecutors declined to press criminal charges against the billionaire. 

The case has galvanised many women in China, where issues such as sexual harassment and assault had for years been rarely broached in public until the #MeToo movement took root in 2018, though it has faced online censorship and official pushback since.

Supporters of Liu Jingyao on Chinese social media called the settlement a win for China’s #MeToo movement.

News of the settlement quickly began trending on Chinese social media on Sunday, with more than 110 million people reading news on the topic.

Reuters

#AceNewsDesk report ………..Published: Oct.02: 2022:

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