v3.25.2
Operating segments
6 Months Ended
Jun. 30, 2025
Disclosure of operating segments [abstract]  
Operating segments Operating segments
i)Basis for segmentation
The Group has the following strategic divisions which are its operating and also reportable segments. These segments offer different products and services, and are generally managed separately from a commercial, technological, marketing, operational and regulatory perspective. The Group’s chief executive officer (the Chief Operating Decision Maker or CODM) reviews the performance of each segment on a monthly basis for purposes of business management, resource allocation, operating decision making and performance evaluation.
The following summary describes the operations of each reportable segment:
Reportable segmentsOperations
DeliveriesConnecting driver-partners and merchant-partners with consumers to create a localized logistics platform, facilitating and performing on-demand and scheduled delivery of a wide variety of daily necessities, including ready-to-eat meals and groceries, as well as point-to-point parcel delivery. It also includes delivery services in certain markets for which the Group is directly responsible; the offering of a variety of daily necessities through the operation of a chain of physical stores in certain markets; and advertising revenue arising from promoted listings and banner advertisements, enabling merchant-partners to promote their businesses on the Grab platform.
MobilityConnecting consumers with rides provided by driver-partners across a wide variety of multi-modal mobility options including private cars, taxis, motorcycles (in certain markets), and shared mobility options, such as carpooling. It also includes vehicle rental for driver-partners; and advertising revenue arising from online and offline advertising solutions which include in-car product placements and mobile billboards.
Financial servicesDigital solutions offered by and with business partners to address the financial needs of driver and merchant partners and consumers, including digital payments, lending, receivables factoring, digital banking services in certain markets, insurance distribution and associated advertising revenue.
Others
Suite of offerings including mapping services and anti-fraud offerings.
ii)Information about reportable segments
The CODM evaluates operating segments based on revenue and Segment Adjusted EBITDA. Segment reporting revenue is disclosed in Note 9. Total revenue for reportable segments equals consolidated revenue for the Group.
Segment Adjusted EBITDA is defined as profit/(loss) of each operating segment adjusted to exclude: (i) net finance income (costs), including interest income (expenses), foreign exchange gain (loss) and changes in fair value of financial assets and liabilities, (ii) other income (expenses), (iii) income tax expenses (credit), (iv) depreciation and amortization, (v) share-based compensation expenses, (vi) costs related to mergers and acquisitions, (vii) impairment losses on goodwill and non-financial assets, (viii) restructuring costs, (ix) legal, tax and regulatory settlement provisions, (x) regional corporate costs and (xi) other items not indicative of our ongoing operating performance.
Information about each reportable segment and reconciliation to amounts reported in consolidated financial statements is set out below:
For six months ended June 30
20252024
(in $ millions)$$
Segment Adjusted EBITDA
Deliveries126 84 
Mobility323 267 
Financial services(56)(52)
Others*
Total reportable Segment Adjusted EBITDA393 301 
Regional corporate costs(178)(175)
Net other income10 
Depreciation and amortization(81)(74)
Share-based compensation expenses(141)(176)
Impairment losses on goodwill and non-financial assets*— 
Restructuring costs(3)(4)
Legal, tax and regulatory settlement provisions(8)(3)
Costs related to mergers and acquisitions(6)(4)
Operating loss(14)(131)
Income tax expense(37)(31)
Net finance income44 40 
Foreign exchange gain/ (loss)35 (58)
Share of profit/ (loss) of equity-accounted investees (net of tax)(4)
Profit/ (loss) for the period30 (184)
*Amount less than $1 million
Assets and liabilities are predominantly reviewed by the CODM at a consolidated level and not at a segment level. Within the Group’s non-current assets are property, plant and equipment which are primarily located in Singapore, Malaysia and Indonesia. Other non-current assets such as intangible assets, goodwill and other investments are predominantly regional assets that are not attributed to a segment.