Overview
- Q3 revenue came in at US$873 million versus US$872.9 million expected, up 22% year over year or 17% on a constant-currency basis.
- Full‑year guidance was lifted to US$3.38–3.40 billion in revenue and US$490–500 million in adjusted EBITDA, increasing the lower end of both ranges.
- Shares were down about 7.6% premarket after results, with total incentives rising to US$585 million and On‑Demand incentives at 10.1% of GMV, up 21 basis points.
- Deliveries revenue reached US$465 million, slightly below a US$470 million estimate, while Mobility rose to US$317 million and Financial Services to US$90 million.
- CFO Peter Oey said roughly one‑third of new delivery users come through affordable channels and about 40% of them move to standard products, as Grab also explores autonomous robotaxis.