Sep 09, 2011 10:50 AM

Jingdong CEO Waves Off IPO Rumor

(Beijing) -- Liu Qiangdong, CEO of Jingdong Mall, China's largest online home appliance retailer, dismissed rumors that the company has plans to select an underwriter next week for a listing on U.S. exchanges through a microblog post September 8.

Liu replied to an earlier post by internet portal Sina.com, stating, "I remain somewhere in [China's] Taklimakan Desert next week."

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