Grab Holdings Ltd

Grab is Southeast Asia's leading superapp, operating primarily across the deliveries, mobility, and digital financial services sectors. The company operates in over 900 cities across eight countries: Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Grab enables millions of people daily to access driver- and merchant-partners for services such as ordering food or groceries, sending packages, hailing a ride or taxi, paying for online purchases, and accessing services like lending and insurance. The platform provides high-frequency hyperlocal consumer services. As part of its financial services offerings, Grab also provides digital banking services through GXS Bank in Singapore and GXBank in Malaysia. Grab's revenue was $3,370 million in 2025, $2,797 million in 2024, and $2,359 million in 2023, representing year-over-year growth rates of 20% from 2024 to 2025 and 19% from 2023 to 2024. For the year ended December 31, 2025, revenue by country was: Indonesia $715 million, Malaysia $1,039 million, Philippines $316 million, Singapore $727 million, Thailand $288 million, Vietnam $255 million, and the rest of Southeast Asia $30 million. The company's profit for the period was $200 million in 2025, compared to a loss of $(158) million in 2024 and $(485) million in 2023, showing a year-over-year improvement of 226% from 2024 to 2025 and 67% from 2023 to 2024.