Rest of Asia
GPIF posted a gain on its foreign stock holdings and a loss on its domestic bond portfolio.
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The sovereign wealth fund’s assets exceeded $1 trillion in 2024.
World
For the first time in its history, Prosus’ free cash flow was positive.
OpenAI is on track to achieve its revenue target of $12.7 billion in 2025.
Vietnam
Deliveries leapt nearly 300% in Q1, mainly driven by sales in Vietnam, its biggest market.
Greater China
Didi generates most of its revenue at home but also has a significant presence in Brazil and Mexico.
Loss from smart EV, AI and other new projects amounted to $69.5m in Q1 2025.
India
Ola has struggled with slowing sales, regulatory pressure and competition since going public.
Revenue rose 18.1% as it targeted cost-conscious Chinese consumers with value-for-money products.
Singapore
Net profit for the year ended March 31 was S$2.47b.