Assistant Manages More JD.com Affiliates Than CEO – On Paper, Anyway

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING: ByteDance Targets July Launch of Upgraded AI Video Model; Embodied AI Startup Kunlunxing Lands Multibillion Yuan Raise; Europe Has a Lot to Learn From China About Electric Trucks, Volvo CTO Says

LATEST: Europe Has a Lot to Learn From China About Electric Trucks, Volvo CTO Says; Embodied AI Startup Kunlunxing Lands Multibillion Yuan Raise; ByteDance Targets July Launch of Upgraded AI Video Model; China’s Starlink Challenger Seeks Up to $2.2 Billion for Satellite Network Push; New Model Propels Zhipu AI’s Market Value to Record HK$1 Trillion; In AI Pitch, Alibaba Chairman Urges Europe to Look Beyond U.S. Tech; Cover Story: China’s AI Boom Is Rewiring Its Power Grid; In Depth: How AI Is Rewiring White-Collar Work in China; Chipmaker YMTC Cedes Control of Foundry Unit Ahead of Mega IPO; Chinese Startup Manifold AI Raises Fresh Funding as Investors Bet on ‘World Models’; Crealights Takes Step Closer to Hong Kong IPO as Data Center Boom Fuels Growth Prospects; Tencent Lets AI Agent Make Purchases Through WeChat Pay; Galaxea AI Chief Says China Could Lead Robotics Models Within Three Years; SiliconFlow Raises $294 Million as China’s AI Inference Demand Surges; Ant Revamps Alipay With AI Assistant in Biggest App Overhaul; New Model Sends Zhipu AI’s Stock Soaring; DJI, Insta360 File Competing U.S. Patent Lawsuits Over Camera Tech; Cover Story: When Employees Leave, Their AI Clones Carry on Working; AI Stocks Zhipu, MiniMax Slide as Lock-Up Expirations Near; Japan’s Chip Exports to China Surge as Bilateral Trade Rebounds

By Zhao Runhua / Jan 31, 2019 05:45 PM / Business & Tech

Photo: VCG

A young assistant to JD.com CEO Richard Liu has been revealed to be helping manage 427 JD.com-related companies – 22 more companies than Richard Liu himself participates in the management of, according to Chinese due diligence site Tianyancha.

The assistant, the barely 30-year-old Zhang Fang, represents 195 companies and is an executive of 198. Zhang has working control over 285 of the 427 companies she participates in the management of, the site says – on paper, anyway.

Giving high-level positions to Zhang could be a legal tactic to help ease the pressure on controlling members in JD.com subsidiaries and affiliates, who might otherwise have to spend much of their time approving projects, sources from JD.com told Sina.

Zhang first came under the spotlight on Jan. 24, when JD.com announced that she would serve as the legal representative of a new wholly owned subsidiary of a Richard Liu-led trading affiliate.

Li Yayun, another executive from JD.com, is overseeing 421 related companies, 188 among which Li has working control over.

Share this article

Open WeChat and scan the QR code