PDD Holdings, the Chinese owner of online shopping platforms Temu and Pinduoduo, has reported disappointing sales and profit as Chinese consumers continued to hold back amid an economic slowdown.

PDD's quarterly revenue rose to a less-than-expected 95.67 billion yuan, equivalent to $13.3 billion. Net profit fell to 14.7 billion yuan, widely missing consensus estimates. PDD's American ...

Some items that had been removed from Temu's US marketplace last month have been made available for sale in recent days ...

In the past year, South African online shoppers have flocked to platforms like Shein and Temu, drawn by slick apps, endless product choices, and jaw-droppingly low prices. But the very same traits ...

Online retailer of furniture and homewares.