Temu's billionaire founder lost his title as China's richest person just 20 days after winning itTemu faces increasing challenges as it loses market value, impacting its founder's wealth and ranking in the global billionaire landscape.
PPD founder loses $14 billion in stock selloff, ending 2-week reign as China's richest personColin Huang's wealth plummeted by $14.1 billion due to a significant drop in PDD Holdings' shares after disappointing quarterly results.
Temu's billionaire founder lost his title as China's richest person just 20 days after winning itTemu faces increasing challenges as it loses market value, impacting its founder's wealth and ranking in the global billionaire landscape.
PPD founder loses $14 billion in stock selloff, ending 2-week reign as China's richest personColin Huang's wealth plummeted by $14.1 billion due to a significant drop in PDD Holdings' shares after disappointing quarterly results.