We get it: lunch break is great. But before that, how about some good news to snack on? So here it is: thanks to our amazing Grab community – that's you and our incredible partners – Q1 2025 has been a major win 🎉 Just a few noteworthy highlights: - 44.5 million people used Grab monthly – that's 16% more than last year! - 60% of users are using multiple Grab services – from food to rides to more. - More driver and merchant-partners are active on Grab than ever, now with AI-powered tools to boost their game. But the key takeaway is this: none of this happens without your support. You keep us going, and you're a huge part of helping our partners earn a good living. It's a win-win for real. P.S. Seeing Peter Oey's lunch has got our stomachs rumbling too... maybe a quick GrabFood for One is in order? 👀
Grab's Q1 2025 report card: Profitable growth and record user numbers. 🛵🍴On-Demand GMV grew 17% YoY, with number of transactions outpacing GMV growth 💰Revenues reached an all-time high of $773 million 👫Record number of users off the back of robust momentum in demand. 44.5 million MTUs - up 16% YoY 🌱This is now our 13th consecutive quarter of EBITDA growth and we’re continuing to drive positive free cash flow. 💪🏼Given the strong performance of the quarter, we’re guiding Adjusted EBITDA upwards to $460 million - $480 million Grateful as always for our partners, users, investors and Grabbers. We’re confident we can sustain our growth momentum for the rest of the year with your support. Head on to our Investor Relations website for more on our Q1 2025 results: https://lnkd.in/gVwT5jfV
Congrats! 🎉
Congrats!
Congrats! 🎉
Congratulations Grab on this incredible achievement 👏
Hungry for the full scoop on how Q1 2025 went? Dig into the numbers below and on our investor site! lnkd.in/gbiGe9hs