Colin Huang: The Man Who united Social Media and E-commerce

Inspiring Entrepreneurs & Business Leaders Internet & IT 18.07.2017  0 118 0
Colin Huang: The Man Who united Social Media and E-commerce

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olin Huang: from Engineer at Google to Founder of Pinduoduo

Colin Huang, a Chinese entrepreneur and developer, gained recognition in the early 2000s while working as an engineer at Google. After leaving the company, he embarked on several successful ventures, with Pinduoduo (PDD) being his flagship project to date. Pinduoduo operates as a unique shopping platform, combining elements of Facebook and Groupon. Essentially, it serves as a social network for affordable and interesting purchases, enabling users to discuss product pros and cons, collaborate with others for bulk orders at great discounts, and engage in a fun shopping experience.

Childhood and Education

olin grew up in Guangzhou, known as the hub of the Chinese e-commerce industry (home to Alibaba's headquarters). Raised in a modest family with parents working as laborers and lacking a formal education—his father did not even complete middle school—Colin was identified as a gifted child. At the age of 12, he enrolled in a prestigious school with a specialized foreign language program.

Despite studying alongside children from elite families, Colin's level of education and intellectual abilities allowed him to hold his own. It was during his school years that he realized the key to success lay in continuous learning and self-improvement.

Upon completing school, Colin pursued his higher education at Zhengzhou University and later obtained a computer science degree in the United States at the University of Wisconsin. While still a student, he earned around $1000 per month working at a Microsoft division. Despite the allure of a career at the already prominent Microsoft, Colin chose to join Google.

During those years, Google was in its early stages of growth and had not yet reached its current status as a tech giant. Colin mentioned that he opted for Google because of the uncertainty it offered. As Google's capitalization rapidly increased, Colin, though a minor shareholder, saw the value of his shares reach several million dollars. In 2006, he returned to China, fatigued by frequent trips to the US for Google visits, and decided to depart from the company to pursue his own projects.

Venturing into E-commerce

In 2007, Colin founded Ouku.com, his first e-commerce project. Despite the site's success, he sold it in 2010, realizing its similarity to numerous others. Subsequently, Colin spent several years developing RPG games for China's popular messaging app, WeChat, and created Leqi, a service facilitating registration of internet stores on major marketplaces.

In 2013, Colin took a year-long break due to a severe ear infection and its complications. He views this forced hiatus as a period that allowed him to carefully contemplate his future plans and make accurate decisions regarding his career development.

Pinduoduo

Pinduoduo operates like a game, featuring vibrant images, Easter eggs, and more, making it a fun platform for users. Many consumers have become addicted to the platform, checking for hot deals multiple times a day. The company itself is now valued at $1.5 billion—a phenomenal valuation achieved in less than two years!

Colin Huang is not just a talented developer and entrepreneur but a visionary who, after venturing to Silicon Valley in his youth, returned to China to create and propel his project to unprecedented heights swiftly. His journey is a testament to the current state of China's economy and the vast potential of this immense nation!

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