Singapore
Behind the headline numbers lies a nuanced story of scale, strategy, risk, and experimentation.
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For the first time since its listing in 2021, Grab reported a full-year net profit in 2025.
India
The fresh capital will be used to expand clinics and services, and grow the veterinary ecosystem.
Greater China
Meituan will buy 100% of Dingdong’s mainland China operations for $717m.
Peak XV invested $8m, while existing investors InfoEdge and Chiratae infused $2.5m each.
Grab’s capital allocation will be centered around tech, innovation, and service reliability.
Indonesia
Grab extended its regional market share from 53.8% in 2024 to 55% in 2025.
The financing was a mix of equity and credit.
The company is not issuing new shares in the IPO and will not receive any proceeds.
The financing also saw participation from Lightspeed and Z47.
