Ron Burgundy Posted June 18, 2014 Share Posted June 18, 2014 By Paul Carsten BEIJING (Reuters) - With an iron grip, JD.com Inc founder Richard Liu has dragged China's number two online retailer from a Beijing backwater to a rich New York listing. Beyond the wealth that brought him lies Liu's next target - beating Jack Ma's Alibaba. If that causes corporate governance concerns, it makes his resolve to take on his biggest competitor, the Alibaba Group Holding Ltd [iPO-ALIB.N] e-commerce juggernaut co-founded by Ma, all the more personal. "He has this ambition to win... He says there's only number one, there's no number two," said Kathy Xu, founder and managing partner of Capital Today Group. View the full article Quote Link to comment Share on other sites More sharing options...
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