The logo of Chinese online group discounter Pinduoduo is seen next to its smartphone app. Photo: Reuters
China’s Pinduoduo appoints Chen Lei as new chief executive
- Before his appointment, Chen was involved in building Pinduoduo’s infrastructure for transactions, interactive features and cloud operations
- Founder Colin Huang Zheng will remain as chairman, focusing on long-term strategy and fundamental research
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US-listed Chinese stocks
The logo of Chinese online group discounter Pinduoduo is seen next to its smartphone app. Photo: Reuters