Grab Hits Record $3.37 Billion Revenue in 2025: Malaysia Leads Southeast Asia's Super App Surge

Southeast Asia's leading super app, Grab, reported a record-breaking revenue of $3.37 billion for the full year 2025.

This achievement reflects a robust 20% year-on-year growth, driven by expanded services across the region.

Breakdown by Business Segments

The deliveries segment emerged as the top performer, contributing $1.8 billion to the total revenue.

Mobility services generated $1.22 billion, while financial services added $347 million.

Market Leadership by Country

Malaysia solidified its position as Grab's biggest market with $1.04 billion in revenue.

Singapore followed with $727 million, and Indonesia contributed $715 million.

Contributions from the Philippines ($316 million), Thailand ($288 million), and Vietnam ($255 million) further boosted regional performance.

Profitability Milestones and Future Projections

Grab achieved a profit of $200 million in 2025, marking a $358 million improvement from the prior year.

Adjusted EBITDA rose to $500 million, up significantly from $313 million in 2024.

Looking forward, the company forecasts 2026 revenue between $4.04 billion and $4.10 billion, anticipating 20-22% growth.

This trajectory is supported by user base expansion, higher engagement, and incentive optimizations.

Grab has submitted its 2025 annual report to the U.S. Securities and Exchange Commission, enhancing investor confidence.