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It is getting more profit out of retail, even as quick commerce spending tests the limits of that improvement.
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It is getting more profit out of retail, even as quick commerce spending tests the limits of that improvement.


Games and advertising still fund the company’s next act, but investors are asking when AI will become more than a spending line.



The company beat estimates as first-quarter revenue exceeded USD 7 billion.

From parts to software, the Chinese technology giant has become more than just a supplier.

The USD 210 million deal gives it access to lithium resources in Ghana and Ivory Coast.

Here’s a roundup of key developments across the Middle East for the week of May 3–9.


Bringing you the latest updates on funding and investment activity across the Asia Pacific.


The company’s interim focus is Vector 5, its flagship eVTOL aircraft model.

With restructuring complete and industrial investors joining its cap table, StepFun is moving closer to a public market debut.

Tencent has denied reports of an investment in Plaud, but the prospects behind such a move are compelling.

Forest Cabin is best known for its camellia facial oil, but the founder says it is only the start of a broader skincare portfolio.

Trade data shows alternative suppliers offsetting declines from the Gulf.



The flagship tablet anchored a wider lineup aimed at strengthening Huawei’s position across consumer devices.

Real-world data remains essential, but it may not be enough to support deployment at scale.


Chinese investment in the US is unlikely to rebound significantly despite a potential bilateral push.


The free version will continue to support everyday use.

The company has unveiled SynReal, a system designed to narrow the gap in deformable object simulation.


Dreame’s playbook carries echoes of Xiaomi’s rise.

Bringing you the latest updates on funding and investment activity across the Asia Pacific.

The company’s weeklong Silicon Valley launch highlighted both ambition and risk appetite.


Executives said the priority for now is to build richer experiences around its characters, not to chase profit.

The robotics company is the latest of Hangzhou’s “six little dragons” to show substantive IPO progress.


The company builds on its background in computer vision technology.



Investors are tracking photonics-based systems as demand grows for faster, denser, and more efficient AI infrastructure.

Attention is turning to intelligence, a robotics area constrained by data bottlenecks and other limitations.

Bringing you the latest updates on funding and investment activity across the Asia Pacific.

Badri said the Iran conflict has driven the opening of an alternative to the Strait of Hormuz, as the emirate freezes some taxes.


Co-founder Chen Bo reflects on the widening gap with its leading rival and what it means for the company’s future.

Smaller rivals are being pushed to the margins as online shopping booms in Thailand and Malaysia.

CATL is among the investors backing the chassis-by-wire company.

Once a forested edge of Singapore, Punggol now hosts robotaxis and a digital district designed to double as an AI and tech hub.

Its aerospace footprint is helping support its case for a Hong Kong listing.

Bringing you the latest updates on funding and investment activity across the Asia Pacific.