Grab Seeks To Expand Profitability as the Platform Is Southeast Asia's Leader for On-Demand Service
Grab is still in its growth phase as it continues to acquire more users in Southeast Asia for its mobility and delivery services, its core businesses. We expect Grab’s overall gross merchandise value, or GMV, to grow in midteens year on year in 2026, and anticipate similar growth for three to five years as its core businesses have a dominant market position and a broad network of drivers and customers. However, profitability is no longer a concern, as we have seen the platform to be a consistently profitable segment since 2025. Grab is still incurring heavy losses from developing its financial services business, which includes fintech payments and loans, but expects long-term profitability. Grab has also seen its advertising business grow into another revenue stream, which we believe will be a long-term catalyst.
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