Grab Faces Pressure: Weak Forecast Sends Shares Tumbling!

Grab’s Revenue Projection Falls Short

Grab Holdings has projected lower-than-expected revenue for 2025, signaling ongoing struggles in an increasingly competitive market. Following the announcement, its U.S.-listed shares plunged by over 9% in after-hours trading.

2025 Grab Revenue Forecast

Grab anticipates its annual revenue to be between $3.33 billion and $3.40 billion, with the midpoint of this range missing the analyst consensus of $3.40 billion, as per LSEG data.

Competition Continues to Intensify

The company is facing stiff competition from rivals such as Foodpanda and Indonesia’s GoTo in the food delivery segment, exacerbating concerns in an already challenging economic environment.

Merger Rumors Denied

Earlier reports suggested that Grab was in advanced merger talks with GoTo, but CFO Peter Oey refuted these claims, stating that the company does not comment on speculation and maintains rigorous criteria for mergers and acquisitions. GoTo also denied being involved in merger discussions.

Strategy to Retain Subscribers

To counteract competitive pressures, Grab is focusing on increasing user engagement and retention within its platform, which spans ride-hailing, food delivery, and financial services. Oey emphasized that paid subscribers spend four times more than non-subscribers.

Q4 Grab Performance Overview

For the fourth quarter, Grab reported $407 million in delivery revenue, slightly below the $408 million forecast. Mobility revenue also fell short of expectations. However, total revenue stood at $764 million, surpassing the estimated $757.6 million.Grab Holdings’ 2025 revenue outlook fell below analyst projections, leading to a 9% drop in U.S.-listed shares. Facing growing competition, the company denied merger rumors with GoTo and focused on subscriber growth. Q4 results showed mixed performance, with revenue narrowly exceeding expectations.

Relevant information：

channelnewssingapore.com news