Chinese Billionaire Richard Liu Settles US Rape Allegation

Chinese Billionaire Richard Liu Settles US Rape Allegation
Liu Qiangdong, also known as Richard Liu, CEO of JD.com, raises his arms to celebrate the IPO for his company at the Nasdaq MarketSite in New York on May 22, 2014. Mark Lennihan/AP Photo
The Associated Press
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MINNEAPOLIS—Chinese billionaire and JD.com founder Richard Liu agreed to settle a lawsuit filed by a former University of Minnesota student who alleged he raped her in her Minneapolis apartment after a night of dinner and drinks with wealthy Chinese executives in 2018, attorneys for both sides announced late Saturday.

A settlement amount was not disclosed.