Profitable Growth Amidst Seasonal Impacts
Grab achieved profitable growth during the first quarter despite seasonal impacts from Lunar New Year and Ramadan, with on-demand GMV growing by 17% year-on-year and record revenues and monthly transacting users.
Improved EBITDA Outlook
Grab raised its adjusted EBITDA outlook for the full year 2025 to $460 million to $480 million from $440 million to $470 million, reflecting strong first-quarter performance.
Continuous Product Innovation
Launched new AI-driven products at GrabX, aimed at improving user experience and operational efficiency without anticipated margin loss.
Strong Performance in Indonesia
Outgrew closest competitor in Indonesia, with deliveries MTUs growing sequentially and direct marketing costs declining 12% quarter-on-quarter.
Advertising Platform Growth
Achieved a 49% year-on-year growth in self-serve adoption of advertising platform with average spend by active advertisers increasing by 30%.