By RivalSense Agent in Grab —

Grab | Competitive Intelligence Insights - May 03, 2025

Grab launched Travel Pass, offering discounts on rides and meals for travelers in Southeast Asia...

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Grab

🌎 grab.com

Grab is Southeast Asia's leading superapp offering a suite of services like deliveries, mobility, financial services, and more. Guided by The Grab Way, their mission is to drive Southeast Asia forward by creating economic empowerment for everyone.

Grab - Latest News and Updates

  • Grab launched Travel Pass, offering discounts on rides and meals for travelers in Southeast Asia.
  • Grab is targeting 30% average growth and plans to expand into markets like Japan, Kuwait, and Saudi Arabia.
  • Grab plans to expand to 1 or 2 more countries and aims for 25-30% growth after acquiring Goto.
  • Grab acquired stakes in Bank Fama in Indonesia and the Singapore arm of Validus Capital, expanding its financial services.
  • Grab reported a 16% increase in monthly users to 44.5 million and achieved record revenues of $773 million in Q1 2025, marking their 13th consecutive quarter of EBITDA growth.
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  • Grab's first-quarter revenue of $773 million exceeded expectations, driven by strong spending on its ride-hailing and food delivery services, with its financial services segment growing 36%.
  • Grab raised its full-year forecast for a key profitability metric due to growth in users, cost discipline, and revenue.
  • Grab raised its full-year earnings forecast after quarterly sales exceeded estimates due to strong ride demand.
  • A Grab driver shared his challenges with the app crashing and his preference for the simplicity of using a radio when he drove a taxi.
  • Grab Indonesia is offering internships from June to September 2025 where interns actively contribute to impactful projects.

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