Porsche announced its 2023 financial results: revenue rose 7.7% to $48.6 billion (€40.5 billion), with a 7.6% increase in sales profit to $8.76 billion (€7.3 billion). Despite global supply chain disruptions and inflation, investments in digitalization and innovation soared. Porsche highlights China as a vibrant market. To this end, Porsche Ventures, in collaboration with China International Capital Corporation Limited, will establish a venture capital fund to participate in the growth of Chinese startups and actively promote technological innovation in the automotive industry.