PDD Holdings Promotes Jiazhen Zhao to Co-Chairman

Jiazhen Zhao, a founding member of PDD Holdings, has been appointed as co-chairman of the board, alongside Lei Chen. This move was met with investor confidence, causing a six percent increase in PDD Holdings U.S.-listed shares. Zhaos extensive experience and history with the company likely influenced this promotion, as PDD Holdings strengthens its executive structure amidst rapid growth and global expansion.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.