In the land where billionaires seem to sprout faster than bamboo, Colin Huang has just shot to the top, claiming the title of China’s richest person.
You may not recognize his name instantly, but you’ve likely encountered his brainchild: Temu, the shopping app that’s become a global phenomenon.
Colin Huang, the mastermind behind PDD Holdings, which owns Temu, has officially surpassed all his peers, amassing a staggering fortune that now places him at the pinnacle of China’s wealth hierarchy.
How did a man, who once worked at Google, climb so high in such a short time?
The answer lies in Huang’s ability to see what others couldn’t: a gap in the e-commerce market that craved a blend of social interaction and bargain hunting.
Temu’s success story isn’t just about numbers; it’s about revolutionizing how people shop.
Huang understood that consumers in China — and eventually around the world — wanted more than just products; they wanted an experience.
He created a platform where shopping became a game, blending the thrill of a treasure hunt with the convenience of…
