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Temu It is one of the online sales companies that has gained the most relevance in recent months, to the point that it is surpassing giants such as its compatriot Alibaba or North American Amazon. Also Who is the owner? The company that already has multiple commercials on social networks How lucky is he??
During the last financial year, Temu won 17,443 million euros (320,776 million pesos), while Alibaba had a collection of 15,083 million euros (277,376 million pesos). However, the company’s development is not without controversy, as its app installs malware to obtain people’s data, according to a cybersecurity firm in the US.
Who owns Temu and how much money does he have?
Temu’s owner is a Chinese businessman and computer scientist named Colin HuangWhich is ranked 23rd in the index of the world’s richest millionaires. Bloomberg. Prior to founding this Chinese company, Huang worked in the United States for major companies such as Microsoft and Google.
According to the latest index of Bloomberg, Colin Huang has an estimated net worth of $52 billion (about 884 billion pesos), in addition to his wealth increased by 437 million dollars (about 7.4 billion pesos) compared to the last measure. He has vast experience in the world of technology.
The first online commerce company he founded was Oku, which he sold for just $2.2 million. He soon founded others such as Lekki, which allows foreign companies to sell their products in stores in China; Xunmeng, which focuses on the development of Internet video games.
But his biggest success came before making Temu Pindaudouwhich is already one of the most important online shopping applications in China, a market that has 1.425 million inhabitants and is the second most populous country in the world after only India, which is expected to surpass it in 2023.
Both Pindoudou and Temu are part of it PDD Holdings, a Chinese conglomerate based in the city of Shanghai and listed on the Nasdaq. One of the curiosities of Temu is that its headquarters is not in some city in China, but in Boston, America.
According to cybersecurity firm Grizzly Research, one of Temu’s biggest scams involved illegally selling its customers’ data. The report suggests that Pindoudu will now join the same practice as the Chinese online sales giant.
