The founder of high-flying Chinese e-commerce group Pinduoduo has stepped down unexpectedly as chairman.
Colin Huang is China’s seventh richest person and is worth more than $50bn from his stake in the online firm.
Mr Huang’s exit comes as Pinduoduo overtook rival tech giants JD.com and Alibaba with 788m annual active buyers on its platform last year.
But his company has been criticised for its work culture following the death of two employees recently.
Mr Huang will…
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