Colin Huang


Colin Huang or Huang Zheng is a Chinese billionaire businessman. He is the founder and CEO of e-commerce company Pinduoduo incorporated in Cayman Islands. Huang is also the owner of 3 other limited liability Cayman Island companies each owning 7.7% stake in Pinduoduo.

Education

Huang earned a master's degree in computer science from the University of Wisconsin.

Career

Huang joined Google as an intern, and then started working as an engineer in 2004. He also interned at Microsoft.
Following the July 2018 initial public offering of Pinduoduo on NASDAQ, Huang's 47% stake was valued at $14 billion, making him the 13th richest person in China.
As of July 2nd 2020, it is reported that from a June 30 filing that Colin Huang has cut his PDD stake down to 29.4% from 43.3%. He has also stepped down as CEO but will continue at Chairman.

Pinduoduo

The Shanghai-based company Pinduoduo, also known as PDD, was founded in 2015 and reported revenue of 1.4 billion yuan in 2017. In 2019, its revenue was $4.33 billion dollars. It became publicly traded following an initial public offering in the United States in July 2018.