Temu-owner PDD Holdings appoints co-CEO Zhao as co-chairman of board

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Synopsis

PDD Holdings has appointed Jiazhen Zhao as co-chairman of its board. Zhao, a founding member and key figure behind Duo Duo Grocery, also serves as co-chief executive. The company also announced new appointments for senior vice president of engineering and financial director.

Image for Temu-owner PDD Holdings appoints co-CEO Zhao as co-chairman of board
⁠PDD Holdings on Friday appointed co-chief executive officer Jiazhen Zhao as co-chairman of ‌the Temu ‌owner’s board, joining the company’s ‌other chief executive Lei Chen.

US-listed shares of the Chinese e-commerce company were up over 6% in premarket trading.

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Temu-owner PDD Holdings appoints co-CEO Zhao as co-chairman of board


Synopsis

PDD Holdings has appointed Jiazhen Zhao as co-chairman of its board. Zhao, a founding member and key figure behind Duo Duo Grocery, also serves as co-chief executive. The company also announced new appointments for senior vice president of engineering and financial director.

Image for Temu-owner PDD Holdings appoints co-CEO Zhao as co-chairman of board
⁠PDD Holdings on Friday appointed co-chief executive officer Jiazhen Zhao as co-chairman of ‌the Temu ‌owner’s board, joining the company’s ‌other chief executive Lei Chen.

US-listed shares of the Chinese e-commerce company were up over 6% in premarket trading.

A…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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