Tycoon JD.com Founder Steps Back As China Tech Scrutiny Deepens - NewsBreak

The billionaire founder of Chinese e-commerce giant JD.com is to step back from daily operations, his company announced, making him the latest A-list CEO to retreat from the limelight as Beijing squeezes the tech industry. Richard Liu, who founded the firm in 1998, will "devote more time to formulating the...