What makes Colin Huang Zheng a Global Shaker?
Colin Huang Zheng is the CEO and Founder of China’s fastest growing e-commerce platform Pinduoduo.
Having just raised more than $100 million, PDD is now valued at over 10 billion yuan ($1.5 billion), Bloomberg noted which is an impressive feat for a company founded just 21 months ago.
In essence, PDD attempts to bring the shopping mall experience right at the customer’s fingertips. The idea is to let a group of people such as friends shop together so they can get discounts.
While shopping, users can share ideas, consult opinion and even gossip. This makes PDD a shopping site with a social flair, which Huang finds to be advantageous.
The 37-year-old founder draws his business acumen from life experiences, one of which was some time with Google. It was 2004 when he chose to join the then-unproven search engine over Microsoft, where he spent two years as an intern.
Last updated: April 29, 2019
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