In China’s Slumping Economy, Pinduoduo’s Reclusive Billionaire Founder Has Managed To Gain $15 Billion

Colin Huang, founder of Pinduoduo. Qilai Shen/Bloomberg China’s economic headwinds and a sweeping crackdown on private enterprises have battered the fortunes of many tech billionaires, but one mogul h...

Chinese E-Commerce Mogul Gains $3 Billion In One Day Despite Sluggish Economy

Colin Huang, the founder of Pinduoduo, at the company’s office in Shanghai, China. Qilai Shen/Bloomberg Colin Huang, the reclusive billionaire behind Pinduoduo, saw his wealth surge by $3 billio...

China E-Commerce Giant JD To Acquire Courier Company Deppon For $1.4 Billion

The JD.com Logistics booth attracts visitors at the China International Fair for Trade in Services … [+] 2021 National Convention Center on September 5, 2021 in Beijing, China. Du Jianpo/Costfot...