Singapore: Grab Holdings Limited (NASDAQ: GRAB) has announced a trading update revealing key operating metrics for April and May 2025. The company reported sustained growth in its on-demand Gross Merchandise Value (GMV) and ride numbers during these months, despite facing broader economic uncertainties.
According to BERNAMA News Agency, Grab’s operations in Indonesia demonstrated noteworthy progress, with both GMV and ride numbers showing sequential growth in April and May. This growth is attributed to Grab’s strategic focus on enhancing affordability and expanding its services within the country, benefiting driver-partners, merchant-partners, and customers alike. The company’s continued efforts in these areas are seen as pivotal in maintaining its robust performance across the region.