T. K. Lin

Profits from its domestic mobility operations are funding international expansion and autonomous driving investment.

As brands scale into international chains, infrastructure providers such as Sunmi emerge as key enablers.

AI and new EV models feature in the automaker’s plans to regain momentum in 2026.

Traffic acquisition and revenue-sharing fees are weighing on profitability as the company scales Bigo Ads.

Record deliveries and a richer product mix pushed the automaker into profit, but the turnaround remains incomplete.

Energy storage and new infrastructure projects are expanding, but the company’s core battery segment remained its main driver in 2025.

Heavy investment in emerging segments weighs on the group’s profitability.

The results did little to excite investors despite expanding margins.

The underlying economics of Shopee, Monee, and Garena may be behind the selloff.