Amazon's Chinese Rival Temu's Billionaire Founder Colin Huang Replaces Bottled-Water King Zhong Shanshan To Become China's Richest Person
Colin Huang, founder of PDD Holdings, has surpassed bottled-water magnate Zhong Shanshan to become China's richest person with a net worth of $48.6 billion, driven by the global expansion of Pinduoduo under the name Temu.