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JD.com founder Richard Liu to get US$273 million from the e-commerce giant’s first dividend since 2014 IPO

May 6, 2022
Source: scmp.com scmp.com
News Snapshot:
JD.com founder Richard Liu Qiangdong is expected to get HK$2.1 billion (US$272.8 million) in cash with the company’s first cash dividend since going public on the Nasdaq in 2014. The Beijing-based e-commerce giant said on Wednesday that it has approved a special cash dividend of 63 US cents per ordinary share and US$1.26 per American depositary share. In total, dividend payouts will amount to about US$2 billion, the company said. Liu, whose net worth is about US$13.7 billion, holds 433 million ordinary shares, 13.8 per cent of the total, according to JD.com’s 2021 financial filing. Walmart holds 289 million ordinary...
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