He, born in the 80s, is the second richest person in China!

3850

100 million yuan, Huang Zheng, founder of Pinduoduo, ranked in the ""

2024

Hurun Global Rich List

24

Name.

Present

44

Huang Zheng is

TOP 20

The wealth of Chinese entrepreneurs who increased the most increased wealth compared to the previous year

71%

, strongly squeezed out Ma Huateng, Zhang Yiming, Zeng Yuqun, and promoted to the second place in China's rich list for the first time.

仅次于首富钟睒睒（4500

100 million yuan).

Behind this is inseparable from the sudden rise of Pinduoduo.

Pinduoduo was established 8

2023 years later

year, the wild sweep up to 2476

The revenue of 100 million yuan and the net profit reached 600

100 million yuan, an increase of 90% year-on-year

。 Along with the turnaround in performance, the stock price continues to rise, and the current market value of Pinduoduo is close to 1600

billions of US dollars, once surpassed Alibaba, and has long since crushed JD.com.

The success of Pinduoduo has made Huang Zheng's view and business philosophy of "money" even more unique, he once said: "Money is a tool, not an end." ”

Duan Yongping once said that Huang Zheng has long not taken the pursuit of wealth as his only goal, but has been immersed in the fun of building enterprises and creating value.

Throughout the development history of Pinduoduo, unlike Alibaba and JD.com, which have "fully blossomed" in terms of business, all of Pinduoduo's businesses revolve around the origin of e-commerce. At a time when Pinduoduo was established just over a year ago, Huang Zheng believed that with new traffic distribution, new forms of user interaction and a new international environment, Pinduoduo had the opportunity to make a different Ali.

"Pinduoduo and Taobao are dislocated competitions, competing for different scenarios of the same group of users, and dislocation will run faster. Huang Zheng said.

Since 2020

Since the beginning of the year, Pinduoduo has been 7.88

With 100 million active buyers, surpassing Alibaba and JD.com, it has become China's largest e-commerce platform, and Huang's secret lies in his strategy of focusing deeply on low prices and users. Pinduoduo offers lower prices than its competitors, and adopts marketing methods such as large-scale group buying and price haggling, so that consumers can buy high-quality goods at lower prices. At the same time, by providing a simple and easy-to-use shopping process and high-quality after-sales service, consumers can enjoy a better shopping experience. The "10 billion subsidy" is an important support for Pinduoduo's "cheapness", which directly promotes product price reduction through subsidies.

In recent years, Pinduoduo has successfully harvested the low-end market with marketing methods such as "cutting a knife", and has become an e-commerce giant that can compete with Alibaba and JD.com.

Shen Meng, executive director of Xiangsong Capital, believes that the rapid rise of Pinduoduo is to accurately grasp the demand for low-end consumption.

Huang Zheng believes that affordability is a universal demand, buy good goods cheaply, and do not spend money in vain. Although everyone has a different definition of cheap and unjustly wasted money, it is a simple, common-sense logic that affordability is an eternal pursuit, even for those with huge fortunes.

2021

Year 3

Month, year only 41

The year-old Huang Zheng resigned, withdrew from e-commerce, and no longer served as the helmsman of the "big ship" of Pinduoduo. But two years later, his fortune grew by about 1500

100 million yuan.

"It's not in the rivers and lakes, but the legend of my brother is spread everywhere in the rivers and lakes. This sentence is very suitable for Huang Zheng.

Editor in charge: Miao Ye Xu Fanlin

Review: Marlene Dai Shichao

China Real Estate News All Rights Reserved

It may not be reproduced or used in any form without authorization

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rgba(255, 255, 255, .3);--weui-FG-3: rgba(255, 255, 255, .. 1);--weui-FG-4: rgba(255, 255, 255, .15);--weui-FG-5: rgba(255, 255, 255, .1);--weui-RED: #fa5151;--weui-ORANGERED: #ff6146;--weui-ORANGE: #c87d2f;--weui-YELLOW: #cc9c00;--weui-GREEN: #74a800;--weui-LIGHTGREEN: #3eb575;--weui-BRAND: #07c160;--weui-BLUE: #10aeff;--weui-INDIGO: #1196ff;--weui-PURPLE: #8183ff;--weui-WHITE: rgba(255, 255, 255, .8);--weui-LINK: #7d90a9;--weui-TEXTGREEN: #259c5c;--weui-FG: #fff;--weui-BG: #000;--weui-TAG-TEXT-RED: rgba(250, 81, 81, .) 6);--weui-TAG-BACKGROUND-RED: rgba(250, 81, 81, .1);--weui-TAG-TEXT-ORANGE: rgba(250, 157, 59, .6);--weui-TAG-BACKGROUND-ORANGE: rgba(250, 157, 59, .1);--weui-TAG-TEXT-GREEN: rgba(6, 174, 86, .6);--weui-TAG-BACKGROUND-GREEN: rgba(6, 174, 86, .1);--weui-TAG-TEXT-BLUE: rgba(16, 174, 255, .6);--weui-TAG-BACKGROUND-BLUE: rgba(16, 174, 255, .1);--weui-TAG-TEXT-BLACK: rgba(255, 255, 255, .5);--weui-TAG-BACKGROUND-BLACK: rgba(255, 255, 255, .05)}}@media screen and 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#1485ee;--weui-PURPLE: #6467f0;--weui-WHITE: #fff;--weui-LINK: #576b95;--weui-TEXTGREEN: #06ae56;--weui-FG: #000;--weui-BG: #fff;--weui-TAG-TEXT-RED: rgba(250, 81, 81, .6);--weui-TAG-BACKGROUND-RED: rgba(250, 81, .1);-- weui-TAG-TEXT-ORANGE: #fa9d3b;--weui-TAG-BACKGROUND-ORANGE: rgba(250, 157, 59, .1);--weui-TAG-TEXT-GREEN: #06ae56;--weui-TAG-BACKGROUND-GREEN: rgba(6, 174, 86, .1);--weui-TAG-TEXT-BLUE: #10aeff;--weui-TAG-BACKGROUND-BLUE: rgba(16, 174, 255, .1);--weui-TAG-TEXT-BLACK: rgba(0, 0, 0, .5);--weui-TAG-BACKGROUND-BLACK: rgba(0, 0, 0, .05)}body,.wx-root{--weui-BG-0: #ededed;--weui-BG-1: #f7f7f7;--weui-BG-2: #fff;--weui-BG-3: #f7f7f7;--weui-BG-4: #4c4c4c;--weui-BG-5: #fff;--weui-FG-0: rgba(0, 0, 0, .. 9);--weui-FG-HALF: rgba(0, 0, 0, .9);--weui-FG-1: rgba(0, 0, 0, .55);--weui-FG-2: rgba(0, 0, 0, .3);--weui-FG-3: rgba(0, 0, 0, .1);--weui-FG-4: rgba(0, 0, 0, .15);--weui-FG-5: rgba(0, 0, 0, .05);--weui-RED: #fa5151;--weui-ORANGERED: #ff6146;--weui-ORANGE: #fa9d3b;--weui-YELLOW: 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#373737}}@media(prefers-color-scheme:dark){.wx-root:not([data-weui-theme=light]),body:not([data-weui-theme=light]){--weui-BG-6: rgba(255, 255, 255, .1);--weui-ACTIVE-MASK: rgba(255, 255, 255, .1)}}@media(prefers-color-scheme:dark){.wx-root:not([data-weui-theme=light]),body:not([data-weui-theme=light]){--weui-REDORANGE: #ff6146;--weui-BG-0: #111;--weui-BG-1: #1e1e1e;--weui-BG-2: #191919;--weui-BG-3: #202020;--weui-BG-4: #404040;--weui-BG-5: #2c2c2c;--weui-FG-0: rgba(255, 255, 255, .8);--weui-FG-HALF: rgba(255, 255, 255, .6);--weui-FG-1: rgba(255, 255, 255, .5);--weui-FG-2: rgba(255, 255, 255, .3);--weui-FG-3: rgba(255, 255, 255, .1);--weui-FG-4: rgba(255, 255, 255, .15);--weui-FG-5: rgba(255, 255, 255, .1);--weui-RED: #fa5151;--weui-ORANGERED: #ff6146;--weui-ORANGE: #c87d2f;--weui-YELLOW: #cc9c00;--weui-GREEN: #74a800;--weui-LIGHTGREEN: #3eb575;--weui-FIRE: #07c160;--weui-BLUE: #10aeff;--weui-INDIGO: #1196ff;--weui-PURPLE: #8183ff;--weui-WHITE: rgba(255, 255, 255, .8);--weui-LINK: 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174, 255, .6);--weui-TAG-BACKGROUND-BLUE: rgba(16, 174, 255, .1);--weui-TAG-TEXT-BLACK: rgba(255, 255, 255, .5);--weui-TAG-BACKGROUND-BLACK: rgba(255, 255, 255, .05)}}@media(prefers-color-scheme:dark){.wx-root:not([data-weui-theme=light]),body:not([data-weui-theme=light]){--appmsgExtra-BG: #121212}}@media(prefers-color-scheme:dark){body:not([data-weui-theme=light]) .rich_media_content img:not(.wx_img_placeholder){filter:brightness(.8)}}

div.autoTypeSetting24psection > p,div.autoTypeSetting24psection > section{margin-bottom: 24px;}