Colin Huang, the founder and chief executive of budget e-commerce marketplace Pinduoduo, has overtaken Alibaba Group Holding’s Jack Ma and Tencent Holdings’ Pony Ma Huateng to become the country’s second-richest person with a current net worth of US$63.1 billion, according to the Bloomberg Billionaires Index.Shares of Nasdaq-listed Pinduoduo rose 7.77 per cent on Wednesday in New York, lifting its market capitalisation to nearly US$220 billion – the second day in a row that the five-year-old…



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