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Jack Ma's Biggest E-Commerce Rival Is Coming for Amazon

(Bloomberg) Jack Ma essentially invented the e-commerce business in China by co-founding Alibaba Group Holding Ltd. and steering it to the top of the country’s private sector. But a couple weeks ago, the celebrated entrepreneur called out a little-known rival for outpacing his brainchild and becoming a role model for the tech industry.Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureGlobal Rate-Cut Standoff Looms in 2023 Policy FinaleBig Tech’s Ability to Deliv ....

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PDD Co-Founder Colin Huang Adds $4.3 Billion in Wealth

(Bloomberg) Colin Huang’s wealth surged $4.3 billion Tuesday as shares of PDD Holdings Inc., the Chinese e-commerce company he founded, rose in New York trading.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsStocks Up Most Since June as Fed Bets Sink Yields: Markets WrapCrypto Scores Landmark US Legal Win With Grayscale ETF RulingThe Shangh ....

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Colin Huang, Founder of Temu-Owner PDD, Got $4.3B Richer in One Day

Huang is worth $32.8 billion as of August 30, according to the Bloomberg Billionaires Index, making him the 41st richest person in the world. ....

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Truffle chip battle in the snack aisle

Makan News - In the middle of FairPrice Xtra in Ang Mo Kio Hub is a large display of the supermarket chain's latest housebrand potato chip - truffle. The eye travels up, and on top of the mound of chip bags sits a supermarket trolley piled high with more bags of truffle chips. Towering over all. Read more at www.tnp.sg ....

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Chinese tech executives retreat from social media amid industry woes, tightening internet content regulations

Jean Liu Qing, president of Didi Chuxing, and her father Liu Chuanzhi, founder of Lenovo, are the latest Chinese executives to hide their posts on Weibo amid a widening internet content crackdown. ....

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