Where is Grab popular?

Grab has a sizable user base of about 34.9 million monthly transactional users across Southeast Asia as of the third quarter of 2023. Grab operates in over 500 cities, providing additional services such as food and package delivery, as well as online payment options, in addition to ride-hailing.



People Also Ask

Serving over 500 cities in eight Southeast Asian countries - Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam - Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and ...

MORE DETAILS

As of August 2019, among the leading five countries which have visited Grab.com, Singapore accounted for the largest share of the traffic, with 19.12 percent, followed by Indonesia, with 19.03 percent.

MORE DETAILS

In a survey conducted in August 2021, a majority of respondents across all surveyed Southeast Asian countries chose Grab as their most used ride-hailing application. In Malaysia, Grab was chosen by 94 percent of the respondents.

MORE DETAILS

Grab struggles to reach profitability due to a decrease in customer spending as interest rates and inflation soar.

MORE DETAILS

Grab's top competitors include Delhivery, Gojek, and DoorDash. Delhivery (NSE: DELHIVERY) is an e-commerce enablement company. It offers logistics solutions to e-commerce partners, including last-mile delivery, warehousing, reverse…

MORE DETAILS

Grab, the leading ride-hailing platform in Southeast Asia, is now available for the first time outside of the region. Grab users who are travelling to the U.S. from Southeast Asia can book rides in over 200 U.S. cities from today, with the Lyft integration in the Grab app now complete.

MORE DETAILS

Its green-attired delivery drivers are ubiquitous in over 500 cities across eight nations. Often compared to Uber, Grab is much more, fast becoming a fully fledged super-app, offering insurance, travel bookings, financial services, and more.

MORE DETAILS

That's because they paid higher consumer and partner incentive fees than the total commissions collected. Incentive fees are deducted from the revenue line leading to a negative balance. However, Grab has been steadily narrowing losses and is on the way to adjusted EBITDA breakeven by the end of 2023.

MORE DETAILS

Serving over 500 cities in eight Southeast Asian countries – Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and ...

MORE DETAILS

Leading ride-hailing companies The companies which dominate the ride-hailing market throughout the Asia-Pacific region are Grab, Gojek, Ola, Didi, and Uber. Uber operates in Australia, New Zealand, India, Bangladesh, Sri Lanka, Japan, South Korea, Taiwan, and Hong Kong – with headquarters based in Singapore.

MORE DETAILS

In 2022, small merchants on Grab saw a 26% increase in average monthly earnings after a year on the platform. Still, despite boasting over 32 million monthly users and expecting revenue of $2.2 billion in 2023, Grab has yet to turn a profit, with Tan expecting to finally break even by year's end.

MORE DETAILS

Grab Holdings Long Term Debt 2020-2023 | GRAB Grab Holdings long term debt for the quarter ending June 30, 2023 was $0.658B, a 67.34% decline year-over-year. Grab Holdings long term debt for 2022 was $1.248B, a 38.55% decline from 2021. Grab Holdings long term debt for 2021 was $2.031B, a 1729.73% increase from 2020.

MORE DETAILS

Grab's top-line growth is impressive, but it's still deeply unprofitable. Its net loss widened from $2.75 billion in 2020 to $3.56 billion in 2021, as its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) loss widened from $780 million to $842 million.

MORE DETAILS