JD.com Chairman and CEO to Donate USD 2.2 Bln in Shares to Charity
JD.com, 2/03/22
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that it has been notified by chairman and CEO Richard Liu that he will donate 62,376,643 Class B ordinary shares of the company to a third-party foundation for charitable purposes.
Editor's Note: Based on the ratio of two ordinary shares per Nasdaq-listed American depositary share ("ADS"), and the closing price per of USD 73.21 per ADS on February 2, 2022, the value of Liu's pledged donation comes to over USD 2.2 bln.
Keywords: Richard Liu e-commerce Internet B2C JD.com JD 9618.HK philanthropy
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