Pinduoduo

<!-- -->Colin Huang, who owns 28% of Pinduoduo, founded the company in 2015. (File)Colin Huang, the founder of Chinese e-commerce platform Pinduoduo Inc, has lost more wealth this year than anyone else in the world.Huang's fortune has…

Alibaba said it will invest in 10 projects for job creation, “care for vulnerable groups” and technology innovation. e-Commerce giant Alibaba Group said on Friday it will spend $15.5 billion to support President Xi Jinping’s campaign…

E-commerce firm Pinduoduo (PDD) on Tuesday pledged to donate the $372 million it made in the three months through June 30 toward the development of China's agricultural sector and rural areas. In total, it expects to donate 10 billion yuan…