Ex-Google staffer builds billion-dollar startup in 21 months
Pinduoduo, a startup founded by former Google engineer Colin Huang, just raised more than $100 million, valuing the company at more than $1.5 billion. Started only 21 months ago, the startup is a 'social commerce' platform where people get discounts on making purchases through e-commerce sites together. Huang's Shanghai-based startup counts Tencent Holdings and Banyan Capital among its investors.n