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Grab Provides First Half 2016 Indonesia Business Update

Grab provided the below business update, highlighting tremendous growth of its GrabCar and GrabBike platforms, particularly in Indonesia, in the first half of 2016 since its rebrand in January as a complete full-service ride-hailing platform in Southeast Asia.

Jakarta, 14 July 2016 – Today, Grab provided the below business update, highlighting tremendous growth of its GrabCar and GrabBike platforms, particularly in Indonesia, in the first half of 2016 since its rebrand in January as a complete full-service ride-hailing platform in Southeast Asia.

  • GrabCar and GrabBike in Indonesia each grew >250x since mid-2015 – today, private cars and bikes comprise the vast majority of Grab’s overall business, which also includes taxi-hailing and delivery services.
  • Grab’s strong machine learning and data analytics capabilities have fueled significant growth and have enabled greater efficiency over time. For example, in 2016, GrabBike has grown 300% YTD in Indonesia, while reducing bike subsidies per completed ride by 50%, highlighting Grab’s strong user engagement and stickiness of its multi-service platform. More than 1 in 4 of Grab’s Indonesia monthly active users use more than one Grab service.
  • Indonesia has become Grab’s largest market by completed rides across all platforms. Grab has primarily focused on the greater Jakarta market, which is home to more than 30 million people where it offers bikes, private cars and taxi-hailing, and expects to expand the multi-service platform into eight more megacities outside of Jakarta, which have a total population of 38 million.[1] Indonesia is the world’s fourth largest country by population, with more than 250 million people.
  • Grab offers the widest range of on-demand services in the most markets in Southeast Asia, with more than 17 million app downloads and 320,000 drivers in 30 cities across Singapore, Indonesia, Philippines, Malaysia, Thailand and Vietnam.

About Grab

Grab is Southeast Asia’s leading ride-hailing platform. Grab solves critical transportation challenges and make transport freedom a reality for 620 million people in Southeast Asia. Grab began as a taxi-hailing app in 2012, but has expanded its core product platform to include private cars and motorbikes. Grab is focused on pioneering new commuting alternatives for drivers and passengers with an emphasis on convenience, safety and reliability. As part of its innovative culture, Grab is testing new services such as social carpooling, as well as last mile and food deliveries. Grab currently offers services in Singapore, Indonesia, Philippines, Malaysia, Thailand and Vietnam. For more information, please visit: http://grab.com

Untuk informasi lebih lanjut, mohon menghubungi:

Ekhel Chandra Wijaya                                    Dewi Nuraini

PR Manager for GrabTaxi & GrabCar          PR Manager for GrabBike & GrabExpress

ekhel.liu@grab.com                                        dewi.nuraini@grab.com

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