JD’s Richard Liu steps down as CEO, joining other Chinese tech tycoons who have exited top roles amid China’s tech crackdown; President Xu Lei will take over (Coco Liu/Bloomberg)

JD’s Richard Liu steps down as CEO, joining other Chinese tech tycoons who have exited top roles amid China’s tech crackdown; President Xu Lei will take over (Coco Liu/Bloomberg)

Coco Liu / Bloomberg:
JD’s Richard Liu steps down as CEO, joining other Chinese tech tycoons who have exited top roles amid China’s tech crackdown; President Xu Lei will take over  —  JD.com Inc.’s billionaire founder Richard Liu has stepped down as chief executive officer of China’s No. 2 online retailer …