Temu owner’s billionaire founder becomes China’s richest person

Quick Summary:

After several moderately successful ventures in gaming and ecommerce, Colin Huang got sick and retired.

At one point, the young entrepreneur stayed home for a year thinking about his next move.

He’s also the first tech tycoon to top the wealth rankings in more than three years, after government pressure on private businesses ensnared rivals like Jack Ma’s Alibaba Group Holding Ltd.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaSouth Korea

Topics: E-Commerce Mobile apps Internet Technology /Tech/Tech News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 13:00:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 1062 words

Reading Time: 6 minutes read

Sentences: 43 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21995003

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 68 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 15 minutes ago

Coverage Areas: Malaysia

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Publication Timezone: GMT +8:00

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Publisher ID: #22

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