Apr 29, 11:30 PM

Grab Holdings Reports $773M Q1 Revenue, 18% Growth, $106M Adjusted EBITDA, Raises Full-Year Earnings Forecast

Grab Holdings reported first-quarter 2025 revenue of $773 million, exceeding analyst expectations of $766 million and representing an 18% year-over-year increase. The company's adjusted EBITDA rose 71% to $106 million, marking its 13th consecutive quarter of growth. Grab's gross merchandise value (GMV) reached $4.93 billion in Q1, up 16% year-over-year. The active advertiser base expanded by 49% to 191,000, with average advertiser spend increasing by 30%. Daily active users (DAU) totaled 7 million, and monthly active users (MAU) reached 45 million, both up 16% year-over-year. Following these results, Grab raised its full-year earnings forecast, signaling optimism for Southeast Asia's ride-hailing and food-delivery market amid global trade tensions affecting the broader tech industry.

#Grab Holdings #Grab #Southeast Asia

Written with ChatGPT (GPT-4).

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Grab Holdings Reports $773M Q1 Revenue, 18% Growth, $106M Adjusted EBITDA, Raises Full-Year Earnings Forecast

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