On October 28, the 2025 Hurun Rich List revealed that Colin Huang, founder of PDD Holdings Inc, has a net worth of 314 billion yuan, marking an increase of approximately 69 billion yuan (+28%) compared to the previous year. However, his ranking dropped three places from No. 4 last year to No. 7 this year. The 45-year-old entrepreneur leads PDD Holdings Inc, one of China's leading e-commerce platforms.

Data shows that PDD Holdings Inc reported total revenue of 199.7 billion yuan in the first half of the year, up 8.6% year-on-year, though growth slowed significantly. Net profit stood at 45.5 billion yuan, down 24% YoY, primarily due to rising costs from initiatives like the "100 Billion Support" plan, Temu's overseas expansion, and logistics subsidies amid intensifying competition.

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