Overview

• Huang's net worth reaches $48.6 billion, making him the 25th wealthiest globally.
• Temu's low-cost model attracts millions of users in the US, Europe, and Latin America.
• Regulatory scrutiny and protests from suppliers challenge PDD Holdings' practices.
• PDD Holdings' first-quarter profits tripled year-on-year, bolstering its market value.
• Temu faces accusations of unfair commercial practices and safety concerns.