Grab

We’re excited to partner with @insidegrab for a new @StriveBusiness program, boosting #MSME resilience in #SoutheastAsia 🇮🇩 🇵🇭 🇻🇳 Our micro-learning courses will equip drivers & merchants with the skills they need to compete in the #digitaleconomy. More 👉 news.mstr.cd/3MmoXmd

“Addressable market; is this a big problem; are we the best ppl to solve it; can we leverage our assets? That's how we thought abt every next service we launched, while we improvd the unit economics of the total platform.” @AnthonyPY_Tan on @MorganStanley: grb.to/3CN5dF5

@Stephen_Isaac07 Hope you're liking our new Quiet Ride feature 🤐

Grab Driver: … Me: … Grab Driver: … *arrived at destination* Me: *leaves 5 stars rating and commented “very friendly driver” in the app* True story 💁‍♂️

6/ Our #superapp journey was guided by connecting complementary services, e.g. from food to grocery delivery. We are focused on solving real problems that affect many in our home of Southeast Asia. 🌏

5/ We started building an optimisation into the platform in February, which we call Just in Time. ⏲ In the month of July, we saved about 12 million minutes from our network, when compared to February.

Everyone seems to be talking about the concept of an “everything app”. Here’s what we’ve learned on our journey to building Southeast Asia’s leading #superapp (a thread):

@Mai_Li_Thai Thank you! GrabMaps is constantly improving, thanks to crowdsourcing from our driver and delivery-partners.

Quiet Rides are already live and public in the Philippines, and in Thailand, we call it Silent Mode 🤫

We're trialing quiet rides in Malaysia, and already rolled out the feature across Vietnam in September. How do you feel about chatting with your driver?

@roshan_menon I See You Baby 🎵

My Grab driver is actually playing Groove Armada and vibing to it

Aaand, that’s a wrap! Follow @insidegrab for all the latest about Grab, here first.

BREAKING 📢: We're expecting breakeven on a group adjusted EBITDA basis by H2 2024.

4/ Building on our key segments: 1️⃣Maintaining our steady state margins in mobility of 12% 2️⃣Driving towards our 3%+ margins in deliveries 3️⃣Driving our path to profitability in GrabFin

3/ In 2023, we expect revenues to grow by 45-55% year-on-year on a constant currency basis. We have a strong revenue outlook for this year of $1.25B to $1.3B.

Our CFO @peteroey is on stage to wrap up, by laying out how our strategy is translating to financial performance.