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4 Tough Tasks for Pinduoduo’s New CEO

TheMotleyFool

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Pinduoduo (NASDAQ: PDD) CEO Colin Huang recently stepped down and handed the reins over to his chief technology officer Chen Lei. Chen, who co-founded Pinduoduo with Huang in 2015, has held the CTO title since 2016.

Huang claims Chen was "instrumental to Pinduoduo's growth," and that he has "every confidence" in his ability to "take on more responsibility." Pinduoduo also appointed a new general counsel and VP of Finance as part of the management shift.

Image source: Getty Images.

Source Fool.com

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