Surpass Ma Yun to become the second richest man in China
According to Forbes real-time rich list, Chinas richest man is currently Tencent founder Ma Huateng, with a fortune of 51.5 billion US dollars, 6.1 billion US dollars more than Huang Zheng.
Previously, Forbes released the 34th global billionaire list in early April this year. Ma Yun is the richest man in China with a fortune of 38.8 billion US dollars. Ma Huateng is the second richest man in China with a fortune of 38.1 billion US dollars. Huang Zheng is the 10th richest man in China with a fortune of 16.5 billion US dollars. In just over two months, Chinas top rich have been rearranged.
According to the Forbes real-time rich list, Huang Zheng is 40 years old this year, while Ma Yun and Ma Huateng are 56 and 49 years old respectively. Netizens even jokingly call Huang Zheng the strongest afterwave.
According to public information, pinduoduo, a subsidiary of Huang Zheng, was founded in September 2015, with a market value of more than $100 billion.
Pinduoduos share price doubled in three months
Huang Zhengs family growth is about 188.8 billion
On June 16, Midea time, pinduoduo rose by more than 7.5% at one time, and its total market value exceeded 100 billion US dollars.
In recent two months, Tencent and Alibabas share prices have also increased significantly, but the increase is lower than pinduoduos.
According to the annual report released by pinduoduo in late April, as of March 31, 2020, Huang Zheng held 2.074 billion ordinary shares of pinduoduo, 43.3% of which held 88.4% of the voting rights.
Based on a rough estimate of 43.3% shareholding ratio, since the beginning of April, the soaring market value of pinduoduo has increased Huang Zhengs fortune by about 26.7 billion US dollars, or 188.8 billion yuan.
At 0:00 on June 19, pinduoduo released the overall sales data of 618. Driven by the 10 billion subsidy and other major benefits such as 1 billion cash bonus, the order volume of pinduoduo platform increased by 119% compared with the same period last year. As of 19:40 p.m. on June 18, the number of orders of pinduoduo platform exceeded 1.08 billion during 618, and the number of orders before 0:00 on June 19 exceeded 1.1 billion, with Gmv increasing by more than 300% year on year.
During the period of 618, pinduoduos 10 billion subsidy has accumulated over 130 million subsidized goods, covering more than 4600 well-known brands at home and abroad and over 50000 most popular goods on the whole network, and is expected to save more than 3 billion yuan for consumers.
In terms of mother and infant products, pinduoduo data shows that during 618, the sales of milk powder category increased by 510% year on year. In the first 10 minutes before the opening of the fashion toy category day on June 16, it broke through the whole day sales of last year, with a number of diapers of 10000 people, which were robbed half a day later.
Lu Yuan, the head of pinduoduos mother and baby, said, during 618, the maximum subsidy for big brand mother and baby reached 60%. There is no upper limit for the subsidy, no down payment and pre-sale, and consumers do not need to do mathematical problems in order to get a full reduction of the order..
Recently, quest Mobile released a 2020 childrens economic insight report aimed at children aged 0-12 and 25-40. According to the report data, among the 290 million online active parents of children (especially the parents of children aged 0-12), 68% and about 196 million parents of children choose pinduoduo as the preferred shopping platform for their children to buy goods and become the favorite mobile shopping app for young parents.
According to the quest mobile report, pinduoyi is the most popular mobile shopping app for young parents, with a penetration rate of 68 among parents.
A huge loss of 4.1 billion in the first quarter
On May 22, pinduoduo released its first quarter earnings report for 2020 in front of the US stock market. According to the financial report, in the first quarter of 2020, pinduoduos revenue reached 6.541 billion yuan, an increase of 44% over the same period of 2019, exceeding the market expectation.
However, pinduoduos loss in the first quarter expanded, with a net loss of 4.119 billion yuan and a non GAAP net loss of 3.170 billion yuan.
Pinduoduo said that there are two main reasons for the loss expansion. On the one hand, during the epidemic, in order to help businesses on the platform, pinduoduo actively continued to reduce the marketing costs of businesses on the platform on the basis of maintaining 0 Commission. Therefore, when the transaction volume doubled, the revenue only increased by 44%.
According to data from tonghuashun, pinduoduo lost 10.217 billion yuan and 6.968 billion yuan in 2017, 2018 and 2019 respectively.
Some netizens joked that if it was listed in a shares, it would have been forced to delist.
On June 2, the market news came out that pinduoduo decided to go back to Hong Kong for secondary listing. The listing team had planned to hand in the form in the middle of June, but did not rule out the acceleration. Pinduoduo official said it had no plan.
Xu Lei of Jingdong: I dont care about a company that has only been established for four years
Recently, with the listing of Jingdong back to Hong Kong, Liu qiangdongs fortune is also rising. On its first day of listing in Hong Kong, Jingdongs share price rose nearly 6%.
As of June 21, the market value of JD is 90.6 billion US dollars, lower than that of pinduoduo, 14.288 billion US dollars.
At present, Liu is the 132nd richest person in the world on the Forbes real-time rich list, with a wealth of US $12.7 billion, about 89.8 billion yuan, less than one third of Huang Zheng.
The fortune of the worlds top 25 richest people rebounded 1.8 trillion yuan in two months
According to the changes of fortune of 25 billionaires in the world in the past two months released by Forbes (the start and end date of fortune calculation is from Monday, March 23 to Friday, may 22), Huang Zheng, the richest person with the largest increase in fortune, has a fortune of 35.6 billion US dollars, an increase of 17.9 billion US dollars. In addition, Ma Yun and Ma Huateng also appear in the list. Among them, Ma Yuns fortune reached US $41.3 billion, an increase of US $3 billion; Ma Huatengs fortune reached US $46.4 billion, an increase of US $6.8 billion. In addition, Facebook CEO Mark Zuckerbergs total wealth grew the most, by $31.4 billion, compared with $86.5 billion. The second largest increase in total wealth was Jeff Bezos, Amazons founder and chief executive. As of Fridays close on May 22, he had a fortune of $146.9 billion, an increase of $30 billion or 26% compared with March 23. Source: Chen Hequn, editor in charge of China Fund News_ NB12679
According to the changes of fortune of 25 billionaires in the world in the past two months released by Forbes (the start and end date of fortune calculation is from Monday, March 23 to Friday, may 22), Huang Zheng, the richest person with the largest increase in fortune, has a fortune of 35.6 billion US dollars, an increase of 17.9 billion US dollars. In addition, Ma Yun and Ma Huateng also appear in the list. Among them, Ma Yuns fortune reached US $41.3 billion, an increase of US $3 billion; Ma Huatengs fortune reached US $46.4 billion, an increase of US $6.8 billion.
In addition, Facebook CEO Mark Zuckerbergs total wealth grew the most, by $31.4 billion, compared with $86.5 billion. The second largest increase in total wealth was Jeff Bezos, Amazons founder and chief executive. As of Fridays close on May 22, he had a fortune of $146.9 billion, an increase of $30 billion or 26% compared with March 23.