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China>ChinaBiz>Economy Archives - ViewusGlobal

#chinachinabizeconomy (1 Posts)

  • Colin Huang Becomes China's Second Richest Thanks to 'Temu Effect' Colin Huang, the founder of the Chinese e-commerce company Pinduoduo, has surpassed Tencent chairman Ma Huateng to become the second wealthiest person in China. This is mainly due to the rapid rise of Pinduoduo’s ultra-low-cost online shopping mall, Temu, in global markets, including the United States, which has driven up Pinduoduo’s stock price.  According to […]

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