Kuala Lumpur: Grab Holdings Limited, Southeast Asia’s leading superapp operating across the deliveries, mobility, and digital financial services sectors, reported solid growth in key operating metrics for April and May 2025, with gains in both mobility rides and on-demand gross merchandise value (GMV) despite macroeconomic uncertainties.
According to BERNAMA News Agency, the company stated that on-demand GMV for the two-month period rose 19 percent year-on-year, aligning with its earlier guidance shared during its first-quarter earnings.
Growth in mobility rides continued to outpace overall GMV, increasing by 23 percent from the same period in 2024, underscoring continued momentum in user acquisition and engagement.
Deliveries GMV for the same period grew by 20 percent year-on-year, with Grab attributing the performance to its focus on product innovation and affordability initiatives aimed at driving higher frequency and customer retention.
Its Indonesian operations stood out, registering consistent sequential gains in both metrics during the period as the company executed on its focus on driving affordability and expansion in the country to benefit driver-partners, merchant-partners, and customers.
Grab plans to reveal additional performance details during its upcoming second-quarter earnings call, which it will announce in due course.