Former employees join 25 of the richest China using IPO technology

SILICON Valley to escape Colin Juan you decide to go back to China's decision, although in the era of the creation of such extreme abundance, it is one of the most ridiculous conveyor movement in recent years.

Pinduoduo had been based in Shanghai Inc. with the original Google engineer three years ago, which was set up. However, it was possible to acquire e-commerce companies by virtue of the 83 billion net worth. According to Bloomberg's Millionaire Index, it is among the 25 richest people in the country.

Tencent Holdings is known as Pinduoduo PDD due to Oy, according to the stock market in the United States is expected to offer 19 from $ each $ 16 American Depositary shares to 85,600,000 shares. If the overallocation option is assumed not to be put in place, Huang after the IPO has to hold shares 46.8%.

The $ 8.3 billion revenue is based on the lowest price category. Above, before # 1 online reseller founder Richard Liu (Richard Liu), he has become a rich man in 16th China. 2 in China, JD.com Inc.

The company did not respond to an email requesting comments.

Million-dollar printing plays the technology plays an important role, accounting for more than half of the richest 10 people in China. Based on the application PDD is valued at $ 21 billion after the IPO. A positive judgment can overshadow the risk of fear of trading and promote Akemi's depression.

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He grew up in Hangzhou, Huang learned from Zhejiang University received a master's degree in Information Technology from the University of Wisconsin. He started his career as a software developer at Google Headquarters 2004, and returned to China in 2006 to support the establishment of Google China. In 2007, he launched an Ouku.com web site and sold it in three years.

In April PDD is that it has issued 250 million shares or more shares of at least $ 1 billion on the basis of the lower price range of the company Huang succeeded. Huang, is expected to donate some PDD shares to the two charitable organizations you want to build.