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.

Colin Huang, chief executive officer and founder ... PDD owns popular online marketplace Temu, and has seen its stock rise almost 22% over the last year. Monday’s plummet comes after the company ...

Colin Huang, the founder of Chinese e-commerce giant PDD Holdings and the online trading platform Temu, has seen his fortune plummet by 14 billion dollars in a single day.Huang, who had briefly ...

Temu’s moment as a stiff competitor to Amazon ... Our profitability will [be affected] as a result.” Who is Colin Huang and how did he become the richest man in China? In his early days ...

Add articles to your saved list and come back to them any time. Colin Huang’s reign as China’s richest person only lasted about two weeks. A slump in shares of PDD Holdings, the parent company ...

Temu’s moment as a stiff competitor to Amazon ... This consequently knocked Colin Huang, founder of Pinduoduo (whose parent company is also PDD Holdings), off his pedestal as the wealthiest ...

Temu’s moment as a stiff competitor to Amazon and Shein ... the e-commerce giant posted disappointing quarterly revenue. This consequently knocked Colin Huang, founder of Pinduoduo (whose parent ...

Colin Huang’s reign as China’s richest person only lasted about two weeks. A slump Monday in shares of PDD Holdings Inc., the parent company of e-commerce giant Temu, sent Huang’s fortune ...

China’s wealthiest man Colin Huang speaks during the company's stock trading debut ... In Sep. 2022, PDD Holdings introduced Temu in the U.S. Established to rival other Chinese bargain fast-fashion ...

A slump Monday in shares of PDD Holdings Inc., the parent company of e-commerce giant Temu, sent Huang’s fortune tumbling by $14.1 billion, his biggest one-day loss ever. Huang is now the fourth ...

Colin Huang’s reign as China’s richest person only lasted about two weeks.