Megaworld 2Q revenue 43.09 billion pesos

Megaworld 2Q revenue 43.09 billion pesos

Title: Grab Holdings Limited Reports Strong Q2 2025 Earnings

Grab Holdings Limited (NASDAQ:GRAB) has reported its second quarter (Q2) 2025 earnings, showcasing robust growth and resilience amidst global macroeconomic uncertainties. The company reported earnings per share (EPS) of $0.01, aligning with market expectations [1].

Anthony Tan, Chief Executive Officer, highlighted the company's strong performance, noting that group merchant transactions (MTUs) reached an all-time high. On-demand gross merchandise value (GMV) accelerated by 21% year-over-year (YoY) in U.S. dollars, or 18% YoY on a constant currency basis. These top-line trends, combined with cost discipline, resulted in the 14th consecutive quarter of adjusted EBITDA growth. Free cash flow also expanded to $229 million over the trailing 12 months [1].

Grab's strategy of focusing on affordability and reliability has paid off, as seen in the all-time high MTUs and reaccelerated growth. The company has been working closely with governments and regulators to navigate economic uncertainties, such as in Thailand and Indonesia. In Indonesia, Grab participated in the Makan Bergizi Gratis program, delivering nutritious meals to over 1,500 students. In Thailand, Grab established a private-public tourism task force to support the tourism sector [1].

The Mobility segment saw a 23% YoY increase in transactions, driven by reinvestments in scale economies to broaden accessibility and increase platform usage. This growth attracted new user cohorts, improved retention, and created more demand for partners, supporting better reliability and lower prices. The company expects on-demand GMV growth in 2025 to accelerate from 2024 levels, with adjusted EBITDA in the second half expected to be substantially stronger than the first half [1].

Grab's delivery business also showed strong growth, with GMV accelerating by 19% YoY on a constant currency basis. The company attributed this growth to product-led initiatives, including affordable products and viral products like Dine Out and Family Accounts. These initiatives have driven new user acquisition and network effects [1].

The company remains confident in its ability to sustain growth momentum and profitability, despite macroeconomic uncertainties. Grab's focus on affordability, reliability, and user-centric product development positions it well for future growth [1].

References

[1] https://www.insidermonkey.com/blog/grab-holdings-limited-nasdaqgrab-q2-2025-earnings-call-transcript-1583250/