Colin Huang, founder of e-commerce giant Pinduoduo, just lost his place as China's richest person. Pinduoduo's parent company, PDD Holdings, also owns Temu, which has exploded in popularity. Huang's ...
The founder of Temu owner PDD saw his net worth jump $4.3 billion in one day, per Bloomberg's Billionaires Index. Colin Huang's fortune was boosted by a 15% surge in PDD shares after a bumper ...
Temu’s moment as a stiff competitor to Amazon and Shein came and passed—and so did the founder’s reign as the richest man in China. “We are seeing many new challenges ahead from changing consumer ...
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