Colin Huang, the tech tycoon and owner of e-commerce giant, Temu, has become China’s richest person. He replaces Zhong Shanshan, the country’s bottled-water king who held the top spot since April 2021. The 44-year-old former Google engineer started Pinduoduo, an e-commerce platform known for selling dirt-cheap products with massive promotions, in 2015. Bloomberg’s Charlie Wells reports.
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