BEIJING—The billionaire founder and chief executive of Chinese e-commerce giant JD.com Inc., Richard Liu, was arrested in the U.S. state of Minnesota on suspicion of criminal sexual conduct and later released after what the company said was a false accusation.
JD.com, backed by Walmart Inc., Alphabet Inc.’s Google, and China’s Tencent Holdings, said in a statement on Sept. 2 that Liu, whose Chinese name is Liu Qiangdong, was falsely accused.