Grab Holdings Limited (NASDAQ: GRAB)
Software - Application · Singapore, Singapore · Founded 2012
- Market capitalization: $14.0 billion
- Annual revenue: $2.5 billion
- Net income: $-0.3 billion
- Employees: 11,000
- Sector: Technology
- Headquarters: Singapore, Singapore
- Founded: 2012
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Grab is Southeast Asia's leading super app, offering ride-hailing, food delivery, grocery delivery, package delivery, and digital financial services across eight countries including Singapore, Indonesia, Malaysia, Thailand, Vietnam, and the Philippines. Anthony Tan and Tan Hooi Ling founded Grab in 2012 as a taxi-booking app in Malaysia. The company acquired Uber's Southeast Asian operations in 2018.
Commissions on ride-hailing and delivery transactions are the primary revenue drivers. GrabFin (financial services u2014 payments, lending, insurance) is the emerging growth engine. GrabAds (advertising) adds a high-margin revenue stream. Revenue exceeds $2.4 billion annually. The company achieved profitability in 2024 after years of losses. The super app model aims to capture multiple daily transactions per user.
Tan and Tan founded MyTeksi (later Grab) in Kuala Lumpur in 2012. The company expanded across Southeast Asia through aggressive subsidies and local market adaptation. Grab acquired Uber's Southeast Asian business in 2018 in exchange for a 27.5% stake in Grab. The company went public via SPAC merger in December 2021 at an implied $40 billion valuation u2014 the largest SPAC deal ever at the time. The stock dropped over 70% from its debut price.
| Market Capitalization | $14.0B |
| Annual Revenue | $2.5B |
| Net Income | $-0.3B |
| Profit Margin | -12% |
| Revenue per Employee | $227273K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | GRAB |
Financial data is approximate and based on most recent annual filings.
Grab's acquisition of Uber Southeast Asia was investigated by antitrust regulators in Singapore, resulting in fines for both companies. Anthony Tan pitched the original idea at a Harvard Business School competition. Grab processes over $20 billion in gross merchandise value annually. The company holds digital banking licenses in Singapore and Malaysia.
Grab finally turned profitable and dominates Southeast Asian ride-hailing, but the super app strategy requires each vertical to work u2014 financial services is the key to long-term margin expansion.
What is Grab Holdings Limited's revenue?
Grab Holdings Limited generates approximately $2.5 billion in annual revenue.
How many employees does Grab Holdings Limited have?
Grab Holdings Limited employs approximately 11,000 people worldwide.
What is Grab Holdings Limited's market cap?
Grab Holdings Limited (GRAB) has a market capitalization of approximately $14.0 billion on the NASDAQ.
When was Grab Holdings Limited founded?
Grab Holdings Limited was founded in 2012 and is headquartered in Singapore, Singapore.
Who is the CEO of Grab Holdings Limited?
Anthony Tan is the current CEO of Grab Holdings Limited.
What is Grab Holdings Limited's website?
Grab Holdings Limited's official website is grab.com.
| CEO | Anthony Tan |
| Sector | Technology |
| Industry | Software - Application |
| Founded | 2012 |
| HQ | Singapore |
| Country | Singapore |
| Website | grab.com |
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