According to Grab's financial results for 2023, the platform had 35.5 million monthly transacting users (MTUs), marking an 8% YoY increase compared to the previous year. Grab's users come from diverse demographics and socioeconomic backgrounds, and are known for their high engagement and expecta...
Monthly Transacting User (MTUs) is defined as the monthly number of unique users who transact via Grab’s apps (including OVO, GXS Bank, GXBank and Move It), where transact means to have successfully paid for or utilized any of Grab’s products or services (including lending and offline ...
Monthly Transacting User (MTUs) is defined as the monthly number of unique users who transact via Grab’s apps (including OVO, GXS Bank and GXBank), where transact means to have successfully paid for or utilized any of Grab’s products or services (including lending). MTUs over a quarterl...
Our efforts to optimize driver supply and enhance driver efficiencies to meet demand continue to bear fruit. During the fourth quarter, monthly active driver supply grew 11% year-on-year with total online hours growing 20% year-on-year and this resulted in the proportion of surge to Mobilityri...
Monthly Transacting User (MTUs) is defined as the monthly number of unique users who transact via Grab’s apps (including OVO, GXS Bank and GXBank), where transact means to have successfully paid for or utilized any of Grab’s products or services (including lending). MTUs over a quarterl...
Moreover, Hubble reached an all-time high in monthly active users, demonstrating the effectiveness of the enhancements made to the platform. Next Steps We’ve made significant progress towards our vision, but there’s still work to be done. Looking ahead, we have several exciting initiatives pla...
Starting in 2023, MTUs additionally include the monthly number of unique users who transact with Grab offline while recording their loyalty points on Grab's apps. MTUs is a metric by which Grab understands, evaluates and manages its business, and Grab’s management believes is necessary for ...
Active driver-partners over a quarterly or annual period are calculated based on the average of the Active drivers for each month in the relevant period. 5 MTUs means monthly transacting users, which is an operating metric defined as the monthly number of unique users who transact via our ...
the largest on-demand paid loyalty program in southeast asia. we are confident that we will be able to drive further uplift to customer lifetime value by stepping up cross-selling initiatives and service differentiation for our users, which will lead to improved usage frequency and retention rate...
the company was named Southeast Asia’s first decacorn. Grab’s direct competitor, Indonesian ride-hailing provider Gojek, also has millions ofmonthly active usersacross several Southeast Asian countries and has since become the region’s second decacorn, further proving the potential of SEA’s techn...