BrandHistories
Compiling intelligence...
JD.com
Richard Liu's arrest in Minneapolis in September 2018 — on sexual misconduct charges that were ultimately not prosecuted — created significant reputational damage, stock price decline, and management uncertainty during a critical competitive period. While Liu was cleared of criminal charges, the episode contributed to his stepping back from day-to-day operations and created governance uncertainty that took years to fully resolve through the transition to professional CEO leadership.