HONG KONG -- Pinduoduo founder Colin Huang has wielded huge power at the company that made him one of Asia's wealthiest men, so his surprise decision to take more of a back-seat role has prompted plenty of questions about a new era at one of China's biggest online retailers.
China tech
Billionaire founder's reduced role puts Pinduoduo into new era
Shares shoot up despite Huang's exit as CEO at US-listed Chinese e-commerce group
Founder Colin Huang is giving up executive roles at Pinduoduo. © Reuters
Read Next
Latest on China tech
