Wednesday, March 17, 2021

Founder of Chinese e-commerce firm Pinduoduo departs


HONG KONG (AP) — Colin Huang, founder of the Chinese e-commerce firm Pinduoduo, stepped down as chairman Wednesday just as the company’s annual user base surpassed that of rival Alibaba. Huang, who founded Pinduoduo in 2015 and is China’s third-richest man with a net worth of about $56 billion, said that he is giving up […]

source https://www.seattletimes.com/business/founder-of-chinese-e-commerce-firm-pinduoduo-departs/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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