Richard Liu

High-end yacht owners in China warn that water-use restrictions and other structural gaps are hindering industry growth, even as billionaire Richard Liu’s recent venture seeks to make yachts affordable for the masses.

9 Mwezi wa tatu, 2026 Imeripotiwa na AI

One day after officially launching Sea Expandary, JD.com founder Richard Liu signed a $723 million framework agreement with two Guangdong cities for R&D, manufacturing, and sales of affordable eco-friendly yachts targeting ordinary consumers.