Earnings and Results
It reported a consolidated net loss of about $1.33 million in Q1.
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BYD posts steepest profit drop in six years as China sales falter
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EQT-backed IT firm Virtusa eyes over $7b valuation in India IPO
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Policy & Regulations
Manus could become a cautionary tale for Chinese AI entrepreneurs
Deals
The U.S. major had been expected to complete the deal in Q1.
BYD’s first-quarter net profit dropped 55.4% from a year earlier.
IPOs & Markets
The company is looking to raise at least $1 billion.
India
Zomato parent posted a consolidated net profit of $18.4 million for March quarter.
Singapore
The share sale by India’s largest exchange will have a value of $2.75 billion.
Indonesia
The group posted a net profit of 171 billion rupiah in Q1 2026 against a net loss of 367 billion rupiah in Q1 2025.
Malaysia
The banking group said its strategy focused on product-market fit and regional expansion.
Florintree Advisors, Viridian Asset Management, Dymon Asia, and Karma Capital were among the buyers.
