Heavy spending on commerce weighed on its margins and cash flow.

Strong results were offset by higher expenses and a warning of increased spending in 2026.

NEV growth and an improved product mix supported the carmaker’s earnings, but profit expansion remained uneven.

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

The Hong Kong carrier eyes a fuel surcharge hike, while Qantas and other peers rush to adjust.

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.