Colin Huang

Colin Huang was born in Hangzhou, China. He showed early signs of intelligence and attended the prestigious Hangzhou Foreign Language School at the age of 12.

Colin Huang, also known as Huang Zheng, was born on January 1, 1980, in the outskirts of Hangzhou, Zhejiang. He was born to middle-class factory workers and later attended Hangzhou Foreign Language School.

Colin Huang, also known as Huang Zheng, was born on February 2, 1980, in Hangzhou, Zhejiang, China. He was born to middle-class factory workers and later pursued computer science studies at Zhejiang University and the University of Wisconsin.

After winning a prize in a math Olympiad, Colin Huang was admitted to the highly selective Hangzhou Foreign Language School (HFLS) in 1990. Initially reluctant due to his misconception about the school's focus, he later acknowledged the positive impact of his decision to attend HFLS.

In 1998, at the age of 18, Colin Huang began his studies in computer science at Zhejiang University, a prestigious institution in China. During his freshman year, he was selected as a fellow at the Melton Foundation, which provided him with a computer and internet access, allowing him to connect with other students globally and travel to different countries.

Colin Huang starts his journey at Zhejiang University to pursue a degree in computer science after completing his school.

In his first year at Zhejiang University, Colin Huang is selected to be a part of the Melton Foundation, marking the beginning of his involvement with the organization.

In 2002, Colin Huang left China to pursue a master's degree at the University of Wisconsin after studying computer science at Zhejiang University. This decision marked a significant turning point in his life.

Google went public on August 19, 2004, raising over $1.9 billion. Colin Huang had joined Google just six months earlier, and this event marked a significant milestone in the company's history.

In 2006, Colin Huang moved to China and became part of the team responsible for establishing Google's presence in the country by contributing to the setup of Google China.

In 2007, Colin Huang left Google to establish a series of start-up ventures, including the e-commerce website Ouku, Lequee, and the gaming company Xumeng.

In 2010, Colin Huang sold the e-commerce website Ouku for USD $2.2 million.

In 2011, Colin Huang founded his first company, an e-commerce site called Ouku.com.

In 2013, due to an ear infection, the individual decided to retire at the age of 33. This health issue led to a significant decision in his career.

In 2015, Colin Huang raised $8 million from a group of investors led by Banyan to launch the app for Pinduoduo (PDD), which was inspired by studying Alibaba and Tencent while recovering from an illness.

In 2016, Pinduoduo (PDD) raised about $100 million, providing additional resources to attract more merchants and customers.

Colin Huang, the founder of Pinduoduo, has a net worth of $45.36 billion as of 2017. He is ranked as the 26th richest person in the world.

Pinduoduo, a Chinese company, commenced trading on the Nasdaq on July 26, 2018. Founder Colin Huang chose to remain in Shanghai for a simultaneous bell-ringing ceremony with investors and customers, expressing his desire to involve customers in the event and his preference to avoid long-haul travel due to health reasons.

In October 2019, Colin Huang ranked seventh on the Hurun Report.

On April 16, 2020, Colin Huang became the CEO of Pinduoduo, China’s largest eCommerce platform. This marked a significant milestone in his career and the company's history.

Colin Huang resigned as the chief executive of Pinduoduo on July 1, 2020. Chen Lei, who had been the chief technology officer for about four years, took over as CEO.

In July 2020, Colin Huang announced his resignation as the chief executive officer of Pinduoduo and disclosed the transfer and donation of significant stakes in the company, resulting in a substantial decrease in its valuation.

On March 17, 2021, Colin Huang, the founder of Pinduoduo, stepped down from the company's board. This unexpected move raised questions about the future of the company and its leadership.

Colin Huang resigned as chairman of Pinduoduo in March 2021.

Colin Huang's sudden resignation from Pinduoduo came as a major surprise to investors, leading to a significant drop in the company's shares in New York.

Chinese President Xi Jinping urged regulators to increase scrutiny of the country’s internet and tech firms, especially those with significant user data. This call came just two days before Colin Huang announced his resignation.

Colin Huang's majority of fortune comes from his 28% stake in Pinduoduo, a Chinese e-commerce operator. The company had 751 million monthly active users as of May 2022.

Colin Huang, the Chinese e-commerce tycoon, lost $3.1 billion in one day due to an imminent price war between JD.com and Pinduoduo.

Colin Huang, the billionaire founder of Pinduoduo, the parent company of Temu, quit Google to pursue a career as a serial entrepreneur. This move marked a significant shift in his professional trajectory.

Colin Huang, the founder of PDD Holdings, broke into the top three richest people in China after the success of the cross-border app Temu launched by PDD.