JD.com (JD) founder and chair Richard Liu has been quietly leading the company from overseas, primarily in London, despite stepping down as the CEO in 2022, The Financial Times’ Eleanor Olcott reports. His direct reports regularly travel from China for meetings with Liu, who also spends time in Dubai, Tokyo and Hong Kong, according to multiple people familiar with the matter, who add that Liu has remained central in company management, making important decisions on matters including investment strategy and overseas expansion and is hunting for deals in the U.K., having considered a bid for British electronics retailer Currys (DSITF).
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