Colin Zheng Huang, the former chairman of online discounter Pinduoduo, has a current net worth of $30.9B.

Source: https://www.ibtimes.com.au/10-richest-people-china-why-theyre-wealthy-1844678?utm_source=Public&utm_medium=Feed&utm_campaign=Distribution

Court documents said: “Central to this case is Lidl’s contention that such reputation and goodwill is specifically that Lidl are a discounter supermarket that offers value; specifically quality goods at low prices.”

Source: https://www.independent.co.uk/news/business/lidl-tesco-logo-clubcard-supermarkets-b2322653.html

“The consumer is feeling very stressed, very stressed by the environment, by inflation, and Target is known as the upscale discounter.

Source: https://nypost.com/2023/06/04/former-target-exec-reveals-the-one-item-that-sparked-consumer-firestorm/