Southeast Asian super app Grab achieved annual profitability for the first time.
Southeast Asia super app Grab announced its fourth quarter and full year performance on February 12, showing that the company achieved a net profit of $200 million for the full year, reversing the $158 million loss in 2024. Full year revenue increased by 20% to $3.37 billion. The company's total core business transaction volume for the year reached $22.1 billion, an increase of 21%; monthly active trading users exceeded 50 million. In terms of various businesses, delivery and transportation services continue to be the main sources of revenue.
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