World
For the first time in its history, Prosus’ free cash flow was positive.
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China Digest: Chinese investors back US-based Flexiv; Saudia Cargo, TAM Group form JV in HK
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Prosus delays Indian payments firm PayU IPO
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Walmart's PhonePe looks to raise $1.5b from India IPO: Report
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China’s United Imaging Intelligence snaps over $139m in Series A round
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Oman Investment Authority adds 13 new funds to PE portfolio
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Novo in talks to invest in SeaTown’s $780m medical group
Northstar’s Sunata Tjiterosampurno to join Indonesia’s Danantara
Senior exits at Northstar hint at imminent merger with Ares
East Ventures said to invest in Vietnamese edtech startup
Blackstone, TPG emerge frontrunners for Metro Pacific Health
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.
Baidu’s online marketing business revenue fell 6%.
Passenger yields, a proxy for airfares, dropped by 5.5% due to stiff competition.