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Grab

Product and AI-led strategy, From 2026

Our mission is to drive Southeast Asia forward by creating economic empowerment for everyone
Grab’s mission

Product and AI-led strategy

Grab is Southeast Asia’s superapp: rides, food and grocery delivery, payments, loans, and digital banks, in eight countries. Grab describes its strategy as led by product and AI.,

  • Grab4 August 2026A record 54 million monthly transacting users, and on-demand GMV up 21% to $6.5 billion, led by more users and transactions rather than prices.
  • Grab4 August 2026One in three new Deliveries users came in through Saver, and GrabUnlimited members made 35% of Deliveries GMV.

Durable on-demand growth

  • 1Room to growReach more people and get them to order more often. Few people in the region use on-demand services yet, and they use them less often than people in developed markets.
  • 2AffordabilityKeep adding product tiers, such as Saver, that serve price points it could not serve profitably before.
  • 3LoyaltyGrow GrabUnlimited, the subscription whose members transact four times as often as others.

Financial services profitable in the second half of 2026

Grab’s lending, payments, and digital banks lost US$15 million on adjusted EBITDA in the second quarter of 2026, down from US$26 million a year earlier, as the loan book grew. Grab expects the loan book to pass US$3 billion by the end of 2026.

Breaking even0−10−20−30Q2 2025: −US$26mQ1 2026: −US$17mQ2 2026: −US$15mAdjusted EBITDA profitable

Q2 2025: gross loan portfolio of US$781 million.

Electric vehicle schemes in all eight markets

Fuel prices rose sharply in 2026, and some governments capped fuel sales. Grab calls electric vehicles the most durable answer to oil prices over the long run, and now runs electric vehicle financing, rental, or charging in every one of its markets.,

MyanmarThailandVietnamCambodiaPhilippinesMalaysiaSingaporeIndonesia

Indonesia

Wuling, and three times the EVs by end-2026

Grab also partners with BYD and GAC across the region, and in Indonesia aims to triple its supply of electric vehicles, fleets included, by the end of 2026.

  1. Grow through users, not prices.

    Grab points out that its growth came from more users and more transactions, not higher prices, and it builds cheaper tiers to reach new price points. We recommend reporting where growth comes from, and preferring the kind that deepens use.

  2. Use one business to lower the other’s costs.

    Grab lends to people its apps already know, at almost no cost to acquire them, and its loans in turn keep them using the apps. We recommend looking for the pair of businesses in a group that make each other cheaper, and planning them together.

  3. Hedge the risk you cannot control.

    Grab calls electric vehicles its most durable offset to oil prices, and now runs EV schemes in every market. We recommend naming the outside risk that could hurt most, and putting a multi-year answer to it in the plan.

Sources

  1. 1. Grab Holdings Limited (2026). Q2 2026 earnings prepared remarks. Grab investor relations, 4 August 2026. s205.q4cdn.com
  2. 2. Grab Holdings Limited (2026). Annual report for 2025. Form 20-F, 6 March 2026. sec.gov

Headwater is not connected with Grab. Grab, GrabMart, GrabUnlimited, GrabFin, Superbank, GXS Bank, GX Bank, OVO, Stash, and Ai.R are trade marks of their owners. Updated 30 September 2026.

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