In its first quarter report for 2025, Grab Holdings disclosed a revenue of $773 million, marking an 18% increase from the corresponding period in the previous year. The EBITDA stood at $106 million with a net profit of $10 million. The Gross Merchandise Volume (GMV) saw a 17% rise to reach $4.932 billion.
Anthony Tan, the CEO and co-founder of Grab, highlighted the platform’s record-breaking performance in terms of user base, partners, revenue, and EBITDA in the past quarter. The delivery business witnessed a revenue growth of 17%, particularly driven by GrabMart’s exceptional growth in March attributed to increased orders during the festive season. The ride-hailing business revenue increased by 15%, while the financial services business reported a total credit value surge to $566 million, contributing $75 million to Grab’s revenue.
Disclaimer: Blognone is a subsidiary of LINE MAN Wongnai.
TLDR: Grab Holdings reported strong financial performance in Q1 2025, with revenue reaching $773 million, EBITDA at $106 million, and a net profit of $10 million. The platform’s GMV increased by 17% to $4.932 billion. Anthony Tan lauded the platform’s record-breaking achievements in user base, partners, revenue, and EBITDA. Grab’s delivery and ride-hailing businesses showed significant revenue growth, while the financial services business saw a surge in total credit value.
Leave a Comment