Grab Holdings reported record revenue of $2.8 billion for fiscal year 2025, marking a 23% increase year-over-year and the company’s first full year of profitability since its founding.
Super App Strategy Pays Off
The results validate Grab’s controversial pivot from ride-hailing to a full-spectrum super app. GrabFood now accounts for 38% of revenue, financial services (GrabPay, lending) contribute 22%, and the traditional mobility segment makes up the remaining 40%.
Malaysia Leads Growth
Malaysia emerged as Grab’s fastest-growing market in 2025, with GMV increasing 31% driven by strong adoption of GrabMart grocery delivery and GrabPay’s expansion into bill payments. CEO Anthony Tan highlighted Kuala Lumpur as the company’s “innovation hub” for new features.
What’s Next
Looking ahead, Grab announced plans to integrate AI-powered features across its platform, including predictive ordering for GrabFood and dynamic pricing optimisation. The company also hinted at expansion into electric vehicle charging infrastructure across Southeast Asia.
