Keep pulling the thread on GXS Bank.
Approximately 80% of the initial depositors and borrowers at Grab's digital banks in Singapore and Malaysia were pre-existing active users of the Grab ecosystem.
Grab developed its proprietary mapping product, Grab Maps, by collecting data from cameras attached to the helmets of thousands of its bike drivers.
Uber sold its Southeast Asian operations to Grab in exchange for a 28.5% equity stake in the company.
In 2025, Grab had approximately 50 million monthly transacting users, with 62% of them using two or more of the company's services each month.
Grab successfully outcompeted Uber in Southeast Asia, leading to Uber's complete exit from the region's ride-hailing market.
Grab achieved its first full year of operating profitability in the 2024-2025 timeframe, with operating margins improving from -22% in 2023 to 3% in the last twelve months.
Grab's lending business loan portfolio grew by 65% year-over-year, reaching a total value of nearly $1 billion.
Grab does not disclose detailed data on its lending business, such as the percentage of non-performing loans or net interest margin after losses.
New regulations in Indonesia mandate that Grab can only take an 8% commission on two and three-wheel vehicle ride fares, a significant reduction from the previous cap of approximately 20%.
Grab developed its proprietary mapping product, Grab Maps, by strapping cameras to the helmets of its motorcycle drivers to map informal routes and hyperlocal pickup points.
In 2022, Grab posted a net loss of over $1.7 billion.
Grab's operating margins improved from negative 22% in 2023 to positive 3% in the last twelve months, representing a 25 percentage point swing.