{
}
VinFast reported a 149.9% increase in Q1 2025 revenue, totaling 16,306.4 billion dong (US$656.5 million), despite a net loss of 17,693.8 billion dong (US$712.4 million), up 15% from the previous year. The company delivered 36,330 EVs, a 296% year-on-year rise, and is focusing on expanding in Asia while diversifying its product offerings to meet the needs of emerging markets.
Geely, China's second-largest carmaker, has paused new plant construction to address global overcapacity and intense price competition in the automotive sector. Despite a challenging market, the company reported a 32% increase in vehicle deliveries and a 52% rise in net profit, driven by a strategic focus on international sales and a multi-energy approach. As domestic competition intensifies, Geely's pivot towards exports and localized manufacturing aims to enhance profitability and mitigate risks.
AI-generated content is facing skepticism in Southeast Asia, with backlash against AI hosts in Indonesia and the Philippines highlighting concerns over job security in journalism. Despite this, Meta plans to launch AI tools for ad creation by 2026, targeting small businesses but risking further alienation of consumers who prefer human-generated content. A recent survey shows a majority of respondents want brands to limit AI adoption to preserve jobs, yet companies continue to integrate AI into their operations.
Atome has secured a $75 million asset-backed financing facility from Lending Ark to expand its buy now pay later (BNPL) services in the Philippines, a market projected to grow significantly. With 28.4 million users by the end of 2024, the Philippines ranks second in BNPL penetration in Southeast Asia, driven by a large underbanked population seeking flexible credit options. This financing reflects a broader trend in asset-backed lending, positioning Atome to enhance financial inclusion in the region.
In June 2025, funding activity in Asia remains robust despite challenging macroeconomic conditions, with notable deals including India’s Udaan raising $114 million and China’s D-Robotics securing $100 million. A total of 58 deals worth over $575 million were reported recently, highlighting ongoing investor interest in the region's startups. Additionally, a new platform, Glasswall, aims to enhance transparency in fundraising by allowing founders to share feedback on investors.
Limited, a US-based fintech startup founded by Egyptian entrepreneur Hussein Ahmed, has raised $7 million in seed funding to expand its stablecoin-based global banking services. The platform, which integrates self-custody security with traditional banking functionality, is accessible in 176 countries and supports over 300 local payment methods. This funding will enhance growth in high-opportunity markets across Latin America, Southeast Asia, and the Middle East, addressing the demand for secure, borderless financial services.
Japan is considering emergency rice imports and other measures to stabilize soaring rice prices, which have doubled in the past year, ahead of key elections. The government plans to release 600,000 metric tons from its emergency stockpile and may utilize its annual quota of 100,000 metric tons of tariff-free rice. Meanwhile, the U.S. Treasury has urged the Bank of Japan to continue tightening monetary policy to address the yen's weakness and support economic rebalancing.
Southeast Asia is poised to see a significant shift in energy use, with projections indicating that by 2030, a third of the region's data centers could be powered by solar and wind energy. This transition is crucial as the demand for energy-intensive technologies, like AI, continues to rise. However, experts caution that renewable energy alone won't suffice; investments in battery storage and smart electricity management are essential for sustainable growth.
YouTube's creator ecosystem in Southeast Asia has seen remarkable growth, with 7,600 channels surpassing 1 million subscribers and 290 million users reached in 2024. Video commerce now accounts for 20% of e-commerce GMV, driven by high consumer trust in creator content, particularly in Thailand and Indonesia. This shift towards trust-based commerce is reshaping the digital economy, as creators increasingly influence purchasing decisions and consumer behavior across the region.
VNM
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
VinFast reports significant revenue growth despite rising net losses in Q1 2025
14:43 09.06.2025
Geely halts new plant construction amid global automotive overcapacity challenges
10:10 09.06.2025
Mekong Capital to Launch 200 Million Dollar Regenerative Agriculture Fund in 2026
the challenges of ai adoption in southeast asian broadcasting and advertising
09:00 09.06.2025
Atome secures 75 million dollars to expand buy now pay later services in Philippines
04:48 09.06.2025
Asia's tech landscape thrives with significant funding deals amid challenges
11:30 07.06.2025
Egyptian fintech startup raises 7 million for global stablecoin banking expansion
09:48 06.06.2025
Japan considers emergency rice imports to stabilize soaring prices
United States Dollar
Japanese Yen
CHN
KOR
BRA
TWN
JPN
IRL
VNM
CHE
SGP
USA
DEU
Shinjirō Koizumi
Show more
09:18 06.06.2025
renewable energy could power one third of southeast asia data centers by 2030
09:00 06.06.2025
YouTube creator ecosystem thrives in Southeast Asia with rising consumer trust
08:13 06.06.2025
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Emerging Startups
Cryptocurrency Trends
Funding Rounds & Investments
Fintech Startups
Venture Capital Investments
AI Innovations
Retail and Consumer Goods
Global Trade Developments
Private Equity Deals
Economic Indicators
Crypto Adoption and Integration
Government Economic Policies
Market Analysis and Predictions
Crypto Policies and Governance
Product Launches
IPOs & SPACs
Macro-economic Trends
Countries:
Companies:
Nvidia Corporation
NVIDIA Corporation
Microsoft Corporation
Apple Inc.
SWIGGY LIMITED
Vecmocon Technologies Ltd.
Amazon.com Inc.
Medius Holdings Co., Ltd.
SITC International Holdings Company Limited
Firefly AB (publ)
Aeon Bank (M) Berhad Bhd
AF DOBRA, SICAV, S.A.
Alibaba Group Holding Limited
Getty Images Holdings, Inc.
Sunnova Energy International Inc.
QUALCOMM Incorporated
Alphawave IP Group plc
Grab2Go AS
HDB Financial Services Ltd.
Zhejiang Leapmotor Technology Co., Ltd.
Currencies:
People: