Pinduoduo’s founder and chairman has stepped down; its 788.4M annual active buyers in 2020 exceeded Alibaba’s 779M, making it China’s largest e-commerce company (Keith Zhai/Wall Street Journal)

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Keith Zhai / Wall Street Journal:
Pinduoduo’s founder and chairman has stepped down; its 788.4M annual active buyers in 2020 exceeded Alibaba’s 779M, making it China’s largest e-commerce company  —  Pinduoduo’s founder and chairman, Colin Huang, steps down from the company  —  SINGAPORE—Chinese e-commerce company Pinduoduo Inc.’s founder …

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