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Pinduoduo Terminates Vice President of Finance Xu Tian

Pinduoduo, 4/30/19

Chinese e-commerce platform Pinduoduo (Nasdaq: PDD) revealed in an SEC filing dated April 30, 2019 that it had terminated the services of XU Tian, Vice President of Finance, with immediate effect. According to the filing:

"This decision is based on Mr. Xu's personal reasons and by mutual agreement between Mr. Xu and the company. It is not related to the business and financial performance of the company, nor any disagreement with the company's accounting principles, practices, and financial statement disclosures. The company has in place a solid finance team that will report to Mr. HUANG Zheng (Colin Huang), Pinduoduo's Founder, Chairman and CEO, in the interim. The company plans to announce a new Vice President of Finance in the near future."

Editor's Note: Xu Tian, who was appointed as VP Finance for Pinduoduo in July 2018, held the position for just 10 months.

Keywords: Xu Tian wireless B2C e-commerce Internet Colin Huang Pinduoduo PDD HR group buying m-commerce

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