The platform recently launched in Mexico and Brazil, where its fast fashion Chinese rivals already have a stronghold.

The PDD Holdings stock price remains in a bear market after falling by over 23% from its highest point since March this year.

Americans are being hit with huge tariff bills on their online orders.

Poundland will close 68 stores across Britain after being sold for just £1 last week, marking another significant blow to the ...

Temu is a low-cost online marketplace that has had the temerity to achieve popularity with American buyers while also being ...

Welcome to the Money blog, Sky News' personal finance and consumer hub. Today: Poundland plans to close 68 shops; the Middle ...