The luxury NEV maker has now been profitable for two consecutive years, signaling more stable footing in a competitive market.

The Canban owner is seeking a listing after reporting strong retail sales in China.

Qwen’s new ride-hailing feature highlights how difficult it is to build AI that can execute reliably in the real world.

Advances in AI models are lowering costs and enabling more complex productions, though challenges persist.

With no clear successor to its breakout IP, uncertainty remains around the company’s long-term prospects.

AI-related segments drove growth, supporting the company’s transition beyond IT distribution.

Leading players are moving quickly to list before market conditions shift.

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