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JD.com Tycoon Settles Rape Suit Hours Before US Trial Begins (1)

Oct. 2, 2022, 7:23 AM

Billionaire JD.com founder Richard Liu has reached a settlement with Liu Jingyao, the Minnesota student who accused him of rape in 2018, bringing to a close a civil suit less than 48 hours before a trial was set to begin.

“The incident between Ms. Jingyao Liu and Mr. Richard Liu in Minnesota in 2018 resulted in a misunderstanding that has consumed substantial public attention and brought profound suffering to the parties and their families,” the parties said in a joint statement. “Today, the parties agreed to set aside their differences, and settle their legal dispute in order to avoid further ...