PDD Holdings, the parent of Chinese discount-shopping platforms Pinduoduo and Temu, reported second-quarter revenue of 103.98 billion yuan ($14.3 billion), edging past the consensus estimate of 103.93 billion yuan and rising roughly 7 percent from a year earlier. Adjusted earnings before interest and taxes reached 27.75 billion yuan, while adjusted net income climbed to 32.71 billion yuan. Net income stood at 30.75 billion yuan, and adjusted earnings per American depositary share were 22.07 yuan. The performance marks a rebound from the previous quarter’s sharper profit decline, helped by investment income on the company’s significant cash holdings. Investors welcomed the beat: PDD’s U.S.-listed ADRs jumped as much as 11 percent in early trading, adding to a rally in Chinese technology stocks that have benefited from resilient consumer spending at home and global demand for low-cost online retail.