What is the market share of Grab in Asia?
What is the market share of Grab in Asia? As of March 2022, the revenue share of Grab in Singapore's ride-hailing market reached 50.2 percent. Over the first quarter of 2022 Grab remained the market leader, followed by Gojek with a market share of around 18 percent.
Can I use Grab in UK?
Welcome to the Grab Platform. In the United Kingdom and Northern Ireland, we operate as Get Grab Limited, a private limited company, registered in England and Wales under Company Number 10614937, with its registered address at Devonshire House, 60 Goswell Road, London EC1M 7AD, United Kingdom.
Does Thailand use Grab or Gojek?
In Thailand, Bolt and Grab are the two major ride-hailing apps still in the game after Gojek sold its Thai business to Airasia last year. At Measurable AI, we build and own a unique consumer panel and are the largest transactional email receipt data provider for the emerging markets.
Is Grab still losing money?
While the Singapore-based company reported a narrower quarterly loss, it said its gross merchandise value grew just 3% in the three months through March to $4.96 billion. That's down from 24% for the full-year 2022 and missed the $5.22 billion analysts estimated .
Who uses Grab the most?
As of August 2019, among the leading five countries which have visited Grab.com, Singapore accounted for the largest share of the traffic, with 19.12 percent, followed by Indonesia, with 19.03 percent.
What is the Thailand equivalent of Grab?
In Thailand, Bolt and Grab are the two major ride-hailing apps still in the game after Gojek sold its Thai business to Airasia last year.
What is the market share of Gojek in Indonesia?
As of January 2023, the market share by order volume of Gojek in Indonesia's ride-hailing transportation industry reached 50 percent. Grab had the highest market share in February 2022, at 54 percent. In 2022, the Singaporean company had generated a total revenue of 275 million U.S. dollars in Indonesia.
Where is Grab popular?
Grab has a sizable user base of about 34.9 million monthly transactional users across Southeast Asia as of the third quarter of 2023. Grab operates in over 500 cities, providing additional services such as food and package delivery, as well as online payment options, in addition to ride-hailing.
Is Gojek bigger than Grab?
Grab and Gojek's 2-wheel rides constitute around 32-33% of the total market share respectively by order volume. On 4-wheel rides, as of 2Q22, Grab's 4-wheel rides owned a slightly bigger share of the market by order volume at around 19%, compared to Gojek's 15%.
Has Grab ever made money?
In 2022, small merchants on Grab saw a 26% increase in average monthly earnings after a year on the platform. Still, despite boasting over 32 million monthly users and expecting revenue of $2.2 billion in 2023, Grab has yet to turn a profit, with Tan expecting to finally break even by year's end.
How big is Grab in southeast asia?
'” In the years since, Grab has transformed from a “street fighting” startup, as Tan puts it—scoring Southeast Asia's biggest Nasdaq IPO in 2021, valued at around $40 billion.
How popular is Grab in Vietnam?
Share of respondents using Grab most often in Vietnam Q2 2023, by generation. According to a survey conducted by Decision Lab, in the second quarter of 2023, around 62 percent of Millennial respondents stated that they used Grab most often. Meanwhile, this number among Gen Z was 57 percent.
Is Grab popular in Indonesia?
According to Measurable AI's e-receipts data, the Indonesian ride-sharing market share remained stable across the year of 2021, with Grab capturing 57% of the market by sales.