Grab achieved its first full-year profit of $268 million last year and plans to repurchase $500 million in shares.

Glonghui, February 12｜Southeast Asian ride-hailing platform Grab announced that its 2025 revenue will reach $3.37 billions, a year-on-year increase of 20.5%; it achieved annual profitability for the first time with $268 millions in profit, and adjusted EBITDA reached $500 millions, up nearly 60% year-on-year. Looking at the fourth quarter alone, revenue was $906 millions, a year-on-year increase of 18.6%; profit was $171 millions, a year-on-year increase of 5.33 times, setting a new record. Monthly active users reached 50.5 millions, up 15% year-on-year. The company announced it will use $500 millions to repurchase shares.