PDD Holdings' Colin Huang and ByteDance's Zhang Yiming top China's tech rich list [Yahoo! Finance]
PDD Holdings Inc. - American Depositary Shares (PDD)
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Source: Yahoo! Finance
in China, according to a list published by Chinese magazine New Fortune on Wednesday. Huang, whose wealth is largely derived from the popularity of budget e-commerce platforms Pinduoduo and Temu, has a personal wealth of 425 billion yuan (US$59 billion), followed by Zhang, whose 21 per cent stake in TikTok's parent company gives him a personal net worth of 340 billion yuan. The two young billionaires were followed in the rankings by Tencent Holdings' founder Pony Ma Huateng, Alibaba Group Holding's founder Jack Ma, and NetEase founder William Ding Lei. Alibaba owns the South China Morning Post. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. However, China's richest man is Zhong Shanshan, in the traditional mineral water business, with a personal wealth of 456 billion yuan, accordin
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PDD
Earnings
- 5/22/24 - Beat
PDD
Sec Filings
- 5/22/24 - Form 6-K
- 4/25/24 - Form 20-F
- PDD's page on the SEC website