China: Temu boss Huang Zheng becomes world’s richest man

China Temu boss Huang Zheng becomes worlds richest man

E-commerce tycoon Huang Zheng has become China’s richest man, according to a Bloomberg billionaire ranking released Friday. The former Google employee is the founder of PDD Holdings, which owns the popular Temu platform. The latter has attracted consumers with its low prices and all-powerful algorithms.

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