Chinese E-Commerce Tycoon Colin Huang Loses $3.1 Billion In One Day As Imminent Price War Spooks Investors

Pinduoduo founder Colin Huang (Photo by Qilai Shen/Bloomberg) © 2017 Bloomberg Finance LP E-commerce giants JD.com and Pinduoduo are on the cusp of a new price war, with the former pledging more than ...

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...

JD.com’s Richard Liu Becomes Latest China Tech Billionaire To Leave CEO Post

Richard Liu, founder and chairman of JD.com, center, gestures during an IPO ceremony at the Nasdaq … [+] MarketSite in New York in 2014. JD.com. Photographer: Michael Nagle/Bloomberg *** Local C...