World
Its AUM rose from $10.65 trillion last year.
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Uber, Baidu team up to launch self-driving taxis in global markets
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No revenue, no product but AI startup Thinking Machines valued at $12b
3
Trump announces trade deal with Indonesia
4
Foundation PE, Quadria GP back Indian home healthcare provider HCAH
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Vietnam Digest: Binance launches blockchain initiative; Net Zero Challenge 2025 kicks off
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Fake projects, shell vendors: How CROWDE allegedly funnelled $50m in loans
Vietnam’s CMC Corp to build $250m hyperscale data centre
Actis sees growing energy, digital infra opportunities in Asia
Indonesian e-commerce platforms will have to collect tax on sellers
GIC joins Partners Group-led consortium to acquire Germany’s Techem
Rest of Asia
GPIF posted a gain on its foreign stock holdings and a loss on its domestic bond portfolio.
The sovereign wealth fund’s assets exceeded $1 trillion in 2024.
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.