How many users does grab have in Singapore?

How many users does Grab have?

Ride-sharing provider Grab had approximately 2.8 million active drivers as of 2019, followed by Indonesian company Go-Jek with about one million.

How many users does Grab have 2020?

Ridesharing and Finance SuperApp

The number of internet users in the region has soared from 260 million in 2015 to 400 million by 2020.

Is Grab popular in Singapore?

Grab has seen the number of customers using two or more of its services in a month jump five-fold between the beginning of 2018 and the end of 2020. The one-year retention rate for users of three or more services is 79 per cent, among the highest in its peer group, it claims.

How many drivers does Grab have in Singapore?

The closest we can get is that there’re “more than 50,000 Grab drivers in Singapore” from a Grab spokesperson early this year, which doesn’t indicate whether they’re just GrabCar drivers or any driver using any Grab services (e.g. GrabTaxi, GrabHitch…etc).

Who is the CEO of Grab?

Who owns Uber?

Dara Khosrowshahi is the CEO of Uber, where he manages the company’s fast-growing business in 63 countries around the world and leads a global team of more than 22,000 employees. Dara was previously CEO of Expedia, which he grew into one of the world’s largest online travel companies.

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Why is Grab not profitable?

This is due to uncertainties around Grab’s ability to achieve sustained profitability. The company registered negative free operating cash flow (FOCF) and EBITDA in 2019. According to a Standard and Poor’sresearch note, Grab’s free operating cash flow (FOCF) and EBITDA will remain materially negative until 2022.

Is Grab publicly traded?

At a $40 billion valuation, Grab will go public at 25 times its 2020 sales.

Is GoJek bigger than Grab?

Since this article only looks at comparing the Singapore tech team size between the two companies, Grab wins this round handily, with a much larger team of 694 headcount compared to GoJek’s 100.