Chinese e-commerce giant JD.com's founder and CEO Liu Qiangdong was wrongly charged with sexual assault during a business trip in the U.S., the company said on its official Sina Weibo account on Sunday.
The comment came after social media posts said that the Chinese billionaire businessman was detained in the U.S. state of Minnesota on charges of sexual assault of female university students.
A police investigation has cleared Liu of any misdemeanor, according to the statement.
The website of the U.S.' Hennepin county says that he was released from custody on Saturday and the status of the charge is "released pending complaint."
Such allegations about Liu Qiangdong sexually assaulting female students are inaccurate, and the CEO will continue his trip in the U.S. as planned, said the statement, noting that JD.com will take necessary legal action against such false reports and rumor mongering.