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E-commerce tycoon Huang tops China’s richest people list


E-commerce tycoon Huang tops China’s richest people list

Colin Huang tops the list of richest Chinese thanks to the huge success of retail apps Temu and Pinduoduo (JUSTIN SULLIVAN) E-commerce tycoon Colin Huang has become China’s richest man, according to an index released Friday, capping the rise of the former Google employee whose shopping site Temu lured consumers with low prices and all-powerful […]

One of the world’s youngest billionaires doubles his wealth in Ola’s IPO


One of the world’s youngest billionaires doubles his wealth in Ola’s IPO

(Bloomberg) — Just two years ago, Bhavish Aggarwal faced one of his biggest challenges yet. A video on social media showed an Ola Electric Mobility Ltd. vehicle burst into flames in the Indian city of Pune, raising doubts about whether his bet on the world’s largest e-scooter factory would ultimately pay off. Most read by […]