Liu Qiangdong, founder and chief executive of Chinese ecommerce group JD.com, has returned to his home country on Monday, after spending one night in custody following an allegation of sexual assault in the US state of Minnesota.

“We were informed that our CEO Richard Qiangdong Liu was taken into custody by Minneapolis police on August 31, 2018. He has been released without any charges, and without requirement for bail. Mr. Liu has returned to work in China,” a company spokesperson said in a statement on Monday.

Mr Liu was released from the Hennepin County jail on Saturday after being arrested by local police. The  FT reported earlier that the allegation involved Mr Liu and a Chinese student at the University of Minnesota and allegedly occurred during a business trip to the US, according to sources.