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

Core Insights - PDD Holdings has appointed Jiazhen Zhao as co-chairman of the board, alongside current CEO Lei Chen [1] Company Developments - Jiazhen Zhao, previously serving as co-CEO, will now take on the role of co-chairman [1] - This leadership change reflects the company's strategic direction and governance structure [1]