Archive for ‘Richard Liu’

20/04/2019

Hundreds sign online petition supporting woman suing JD.com CEO in rape case

SHANGHAI (Reuters) – Hundreds of people have added their names to an online petition in support of a University of Minnesota student who said she was raped last August by Richard Liu, the chief executive officer of China’s e-commerce retailer JD.com Inc.

The student, Liu Jingyao, from China, filed a civil lawsuit against JD’s CEO in a Minneapolis court on Tuesday, nearly four months after prosecutors declined to press criminal charges against him.

The law suit identified the student for the first time. The two Lius are not related.

Richard Liu, through his lawyers, maintained his innocence throughout the law enforcement investigation, which ended in December. The company did not immediately respond to an email request for comment.

It was unclear who launched the petition, which carried the hashtag #HereForJingyao, although signatories included Chinese students at foreign universities as well as in China. On Saturday, it was gathering momentum on the social media platform WeChat, with more than 500 names attached.

“To Liu Jingyao: You are not alone. We believe in survivors, we believe in your bravery and honesty, we will always stand with you. We must join hands and march together in the face of the challenge of a culture of blaming the victims of rape,” the petition said.

A Chinese-language translation of the indictment was also circulating online.

Liu Jingyao first accused Richard Liu of rape in August when he was visiting the University of Minnesota to attend a program directed at executives from China.

Liu, 46, who started JD.com as a humble electronics stall and expanded it into an e-commerce company with 2018 net revenues of $67 billion, was arrested on Aug. 31 but released without charge about 17 hours later.

A fledgling #MeToo-style movement in support of women’s rights has been slow to gain wide traction in China, where issues like sexual assault have traditionally been brushed under the carpet.

China’s ruling Communist Party, wary about grassroots organizing, has also in recent months put pressure on activists focused on issues like sexual assault on campuses and workers’ rights.

Source: Reuters

16/04/2019

Jack Ma defends the ‘blessing’ of a 12-hour working day

Jack MaImage copyrightGETTY IMAGES
Image caption Jack Ma is stepping down as Alibaba’s executive chairman

The Chinese billionaire and co-founder of the online shopping giant Alibaba has continued to argue for a 9am to 9pm working day, and a six-day week.

Jack Ma’s backing for the so-called “996 system” is being hotly debated in the Chinese media.

Last week, Mr Ma wrote that without the system, China’s economy was “very likely to lose vitality and impetus”.

His stance was backed by fellow tech entrepreneur Richard Liu, the boss of ecommerce giant JD.com.

On Friday, Mr Ma called the opportunity to work 996 hours a “blessing”.

Mr Liu said years of rapid economic growth in China had boosted the number of “slackers”.

The country has enjoyed economic growth averaging 10% for more than 25 years – from the late 1970s to the mid 2000s – but in subsequent years that has slowed to nearer 6%.

The entrepreneurs’ comments come amid reports this week that JD.com is cutting jobs.

Mr Liu, who started the company that would become JD.com in 1998, recently wrote about his attitude to work, saying he used to set his alarm to wake him up every two hours to make sure he could offer his customers a full, 24-hour, service.

He wrote: “JD in the last four, five years has not made any eliminations, so the number of staff has expanded rapidly, the number of people giving orders has grown and grown, while the those who are working have fallen.

“Instead, the number of slackers has rapidly grown! If this carries on, JD will have no hope! And the company will only be heartlessly kicked out of the market! Slackers are not my brothers!”

Mr Ma co-founded Alibaba, sometimes called China’s eBay, in 1999 and has seen it become one of the world’s biggest internet companies.

The company’s market value is now approximately $490bn (£374bn), and Mr Ma’s personal wealth is estimated at around $40bn.

Last year, he announced that he would step down as executive chairman in the near future.

Source: The BBC

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