Tech

Temu-owner PDD Holdings appoints co-CEO Zhao as co-chairman of board

Published

4 weeks ago

December 20, 2025

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Synopsis

PDD Holdings has appointed Jiazhen Zhao as co-chairman of its board. Zhao, a founding member and key figure behind Duo Duo Grocery, also serves as co-chief executive. The company also announced new appointments for senior vice president of engineering and financial director.

⁠PDD Holdings on Friday appointed co-chief executive officer Jiazhen Zhao as co-chairman of ‌the Temu ‌owner’s board, joining the company’s ‌other chief executive Lei Chen.

US-listed shares of the Chinese e-commerce company were up over 6% in premarket trading.

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