MINNEAPOLIS—Chinese billionaire and JD.com founder Richard Liu agreed to settle a lawsuit filed by a former University of Minnesota student who alleged he raped her in her Minneapolis apartment after a night of dinner and drinks with wealthy Chinese executives in 2018, attorneys for both sides announced late Saturday.
A settlement amount was not disclosed.
Richard Liu, who stepped down as the CEO of Beijing-based e-commerce company JD.com this year amid increased scrutiny of China’s technology industry by the Chinese communist regime, has denied raping the woman, Jingyao Liu, and prosecutors never filed criminal charges. A joint statement from attorneys for both sides called the encounter “a misunderstanding.”…