The revenue of ride-hailing giant Grab in Vietnam reached $255 million last year, an increase of nearly 12% compared to 2024.
According to its 2025 annual report, the Singapore-based company recorded a consolidated revenue of $3.37 billion, a 20% increase year-on-year and the highest level since the company began operations.
Malaysia continues to be Grab’s largest market for the 2022–2025 period. In 2025 alone, the country generated $1.04 billion in revenue, making it the only market to exceed the $1 billion milestone for the company.
Other key markets include Singapore at $727 million, Indonesia at $715 million, the Philippines at $316 million, and Thailand at $288 million.
In Vietnam—Grab's fifth-largest market—revenue in 2025 reached $255 million, an 11.8% increase from $228 million in 2024. This growth indicates that the market still maintains steady upward potential.
Notably, Grab's total revenue scale has grown aggressively over the past five years, surging from $469 million in 2020 to $2.36 billion in 2023, and continuing its breakthrough performance in 2025.
By business segment, the Delivery sector remains the largest contributor with $1.8 billion. Mobility services followed in second place with $1.22 billion, while financial services reached $347 million. Other segments contributed $4 million to the total.
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