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PDD Chairman Huang Zheng Steps Down
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PDD Chairman Huang Zheng Steps Down
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executive summary
Colin Huang, the founder of fast-growing Chinese e-commerce giant Pinduoduo, has resigned as chairman.
Chen Lei, who replaced Huang as Pinduoduo’s CEO last July, will now also serve as the company’s chairman.
Pinduoduo said Huang will “pursue research in the food and life sciences, disciplines where breakthroughs could drive the future of China’s largest agriculture platform.”
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