You Searched For "colin huang" and got 20 results
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2 mins read
Colin Huang, the founder of the company that owns Chinese shopping app Temu, got $4.3 billion richer after earnings smashed analysts' expectations
Huang is worth $32.8 billion as of August 30, according to the Bloomberg Billionaires Index, making…
Huileng Tan
1 min read
One Chinese billionaire has lost $27 billion in personal wealth during Beijing's tech crackdown
Six of the 10 billionaires who have lost the most wealth this year are Chinese business figures, in…
Ethan Wu
2 mins read
China's richest tech titans have seen $87 billion of personal wealth wiped out since the start of July amid government crackdown
Alibaba founder Jack Ma has been spared some of the worst losses recently, but that is in part beca…
Ethan Wu
1 min read
Meet Colin Huang, who just stepped down as CEO of $100 billion Pinduoduo and whose wealth exploded by $25 billion in 2020
On June 21, Forbes' Real-Time Billionaire Index showed Huang, worth $45.4 billion, briefly surpassi…
Lu-Hai Liang
7 mins read
Top 10 richest people in Asia in 2024
The wealth scene in Asia is always in the spotlight, with many impressive individuals making it big…
2 mins read
The billionaire founder of China's Amazon, JD.com, has dumped nearly $1 billion of company shares since stepping down as CEO 3 months ago
Richard Liu stepped down as CEO in April. Soon after, he began cashing out $1 billion worth of shar…
Weilun Soon
2 mins read
A fourth Chinese billionaire founder-CEO has stepped down as Beijing keeps up the pressure on its tech giants
E-commerce giant JD.com's founder Richard Liu is the latest to leave a tech leadership role in Chin…
Weilun Soon
2 mins read
Elon Musk says Tesla is glad to see new data-security laws after several Beijing-led regulatory crackdowns on Big Tech
Elon Musk's collaborative tone about data security came despite China's richest tech titans being h…
Shalini Nagarajan
2 mins read
It's not just Jack Ma. More and more Chinese tech founders and CEOs are retreating from the spotlight.
Bytedance founder Zhang Yiming has reportedly left the board of the TikTok parent. He's the latest …
Katie Canales
2 mins read
10 things before the opening bell
Stocks are recovering after the Evergrande-driven market meltdown, green assets may be in a bubble,…
Phil Rosen
2 mins read
Tech stocks get battered after China passes a strict data privacy law, extending its regulatory crackdown
The law articulates for the first time a set of rules around better storage of user data and the co…
Shalini Nagarajan
1 min read
Cathie Wood's ARK Next Generation Internet ETF buys 195,517 shares of Chinese e-commerce giant Pinduoduo
Cathie Wood's ARK Next Generation Internet ETF initiated a stake in Pinduoduo buying 195,517 shares…
Will Daniel
2 mins read
Jack Ma is no longer China's richest person after his confrontation with the state's financial regulators
He lost the top spot "after China's regulators reined in Ant Group and Alibaba on anti-trust issues…
Shalini Nagarajan
17 mins read
These are the 12 most powerful people in China you've probably never heard of
In the chess game of Chinese politics, it's not always clear who pulls the strings. Here are the 12…
Cheryl Teh
1 min read
In less than 4 years, this entrepreneur built a $23 billion company and became one of the richest people in China. Here's what he knew that most entrepreneurs don't
While it may seem as though Huang's success occurred overnight, one early investor in Huang's compa…
Zoë Bernard
1 min read
An ex-Googler grew his shopping startup into a $23 billion empire in under 4 years. One early investor explains how he did it.
In just three and half years, Chinese e-commerce platform Pinduoduo grew from a burgeoning direct-t…
Zoë Bernard
42 mins read
Top 100 richest people in the world
The world of wealth and success is a constantly evolving landscape, with fortunes rising and fallin…
3 mins read
A popular website that reportedly sells inexpensive products so poorly made that disappointed shoppers often throw them in the trash is now worth over $20 billion after going public
Pinduoduo's biggest advantage is its competitive, remarkably low prices: On the site, Chinese users…
Zoë Bernard
2 mins read
Here are the top 10 richest people in Asia
Asia, home to some of the world's fastest-growing economies, is also a breeding ground for remarkab…
2 mins read
This is the biggest year for Chinese companies going public in the United States since 2010
Despite President Donald Trump's trade war, China's tech sector is still testing out the US public …