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GRAB vs RYDE

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Grab Holdings Limited Class A Ordinary Shares and Ryde Group Ltd.

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Daily close · 2026-10-12

Price return

Both stocks start at 0% on the first shared trading day.

GRAB1.61%
RYDE-84.65%
Price return: GRAB and RYDEHistorical recorded observations on the same scale. Missing metrics leave gaps.-136%11%157%304%450%202420242025202520262026

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Similarity
34.6%
5 shared / 20 total tags

How similar are their businesses?

The score compares business activities in annual filings released in 2025. Core activities receive four times the weight of material activities. Industries that fewer companies share carry more weight.

AdvertisingDigital MarketplaceLogistics And Supply ChainRide ShareTransportation
How we measure overlap ↗
The businesses behind the score

Industry overlap

Filing-derived business activity overlapCounts of retained positive business classifications. Circle sizes do not encode the counts or the weighted similarity score.GRAB only15Shared5RYDE only0

GRAB only · 15

9 more in the complete table.

Shared activities · 5

RYDE only · 0

No activities in this group.

Positive activities from the two selected annual filings. Up to six activities per group are shown here; every activity remains in the complete table. These are classification sets, not revenue shares. The weighted similarity score also accounts for exposure and how common each activity is.
Show business activity table · 20 rows, 3 columns

Core activities receive full weight; material activities receive one quarter. Select a tag to read the filing evidence.

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Advertising

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

We also work with merchant-partners to offer Dine Out Deals to Grab users, which enables them to offer discounts or vouchers directly to consumers when they dine in their restaurants. Through GrabAds, we also work with our merchant-partners to provide promoted listings and banner advertisements, enabling them to promote their businesses within the food and grocery delivery offerings on our platform and enhance their consumer reach. Mobility—Our mobility offerings connect our driver-partners with consumers seeking rides across a wide variety of multi-modal mobility options including private cars, taxis, motorcycles in certain countries, and shared mobility options such as carpooling in selected markets.
The more activity there is on the platform, the more value we create for our stakeholders as our ecosystem grows. Integrated ads encourage more consumer spend and improve partner outcomes Our superapp ecosystem allows merchant-partners and other enterprises to reach consumers with targeted messaging and offers via GrabAds. These GrabAds advertisers are able to use a variety of demand generation tools to reach Grab’s consumers and convert them into customers, shrinking their marketing funnel with attributable campaign results. Consumers discover these GrabAds advertisers seamlessly via personalized advertising and content while browsing the Grab superapp, and are nudged to engage and transact with these advertisers within the Grab ecosystem.
Read the annual filing ↗

RYDE Material

Annual filing released 2025-04-28 · GPT 6 Luna

Our revenue segments comprised mobility, quick commerce, membership, advertising initiatives and others. Mobility and quick commerce revenue is derived from the service fees paid by driver partners and consumers for use of the platform and related service to connect with consumers and successfully complete a trip or delivery via the platform. Membership subscription fees is paid by the consumers on a monthly or quarterly basis. Advertising initiatives revenue are earned from partners who pay for digital space in our app and website.
The Company derives revenue from digital advertising services provided to merchants under contractual agreements. These services encompass the display of merchants’ advertisements within our mobile/web platform and email channels. Revenue recognition commences at the initiation of the contract period, as stipulated in the signed agreement with our merchant clients. The Company employs the ‘output method’ to measure progress towards fulfilling its performance obligations. Under this method, revenue is recognized proportionately over the duration of the contractual period. This method accurately reflects the faithful depiction of the transfer of services, as it aligns with the nature of the services provided, where revenue is recognized based on the contractual period. Membership
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Digital Marketplace

GRAB Core

Annual filing released 2025-03-14 · GPT 6 Luna

Together these superapps help our driver- and merchant-partners connect with millions of Southeast Asians consumers seeking hyperlocal services made available through our platform, which includes our deliveries, mobility and financial services offerings. Deliveries—Our deliveries platform connects our driver- and merchant-partners with consumers to create a local logistics platform, facilitating on-demand and scheduled delivery of a wide variety of daily necessities including in selected markets, ready-to-eat meals and groceries, as well as point-to-point package delivery. We also operate supermarkets in Malaysia under Jaya Grocer, which enables us to bring the convenience of on-demand grocery delivery to more consumers in the country.
Others Other offerings primarily include GrabMaps. GrabMaps is a Business-to-Business (B2B) enterprise offering that enables us to provide base map data and map-making tools and software-as-a-service. Additionally, in pursuit of continuing to experiment with new offerings to better serve the needs of our driver- and merchant-partners and consumers, our platform also facilitates other lifestyle services through our superapp including attraction tickets and hotel bookings. Our Business Model Our platform connects millions of consumers with millions of driver- and merchant-partners to facilitate interaction and trade between these stakeholders. We generate the majority of our revenue from service fees and commissions paid by driver- and merchant-partners for use of the Grab superapp to connect them with consumers and facilitate transactions.
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RYDE Core

Annual filing released 2025-04-28 · GPT 6 Luna

Navigation Page RydeSEND in-transit 51 Network Effects and Platform Synergies The foundation of our marketplace business is our network. We connect demand (riders) to supply (driver partners) and to ensure riders are allocated to the nearest, fastest driver partner available, a large hyperlocal network of both riders and driver partners is imperative for our business to thrive.
In transactions with consumers, the Company act as an agent of the driver partners by connecting consumers seeking mobility and quick commerce services with driver partners looking to provide these services. Driver partners and consumers are our customers and pay us a fee for each successfully completed transaction with consumers. Accordingly, the Company recognize revenue on a net basis, representing the fee the Company expect to receive in exchange for us providing the service to driver partners and consumers. F-14 RYDE GROUP LTD NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 2 Summary of significant accounting policies (continued) Revenue recognition (continued) Mobility and quick commerce
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Logistics And Supply Chain

GRAB Core

Annual filing released 2025-03-14 · GPT 6 Luna

Together these superapps help our driver- and merchant-partners connect with millions of Southeast Asians consumers seeking hyperlocal services made available through our platform, which includes our deliveries, mobility and financial services offerings. Deliveries—Our deliveries platform connects our driver- and merchant-partners with consumers to create a local logistics platform, facilitating on-demand and scheduled delivery of a wide variety of daily necessities including in selected markets, ready-to-eat meals and groceries, as well as point-to-point package delivery. We also operate supermarkets in Malaysia under Jaya Grocer, which enables us to bring the convenience of on-demand grocery delivery to more consumers in the country.
Our deliveries platform connects driver- and merchant-partners with consumers to create a localized logistics platform, facilitating on-demand and scheduled delivery of a wide variety of daily necessities, including ready-to-eat meals and groceries, as well as point-to-point package delivery. This segment includes GrabFood, GrabMart, Dine Out, GrabExpress, and GrabKios. Through GrabAds, we also work with our merchant-partners to provide promoted listings and banner advertisements, enabling them to promote their businesses within the food and grocery delivery offerings on our platform and enhance their consumer reach. 71 Table of Contents The graphic below illustrates the economics of a typical deliveries order (other than for certain delivery offerings in one of our markets which have changed from an agency to a principal business model since the fourth quarter of 2022):
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RYDE Material

Annual filing released 2025-04-28 · GPT 6 Luna

Quick Commerce is a package delivery booking service, which enables driver partners to accept bookings for package delivery services through our driver partner app. Consumers can arrange for instant deliveries and cater for different package sizes. E-commerce, Food and Beverage businesses and social sellers can utilize our last mile delivery services to their customers as an option as well. We provide our quick commerce service through our RydeSEND offering, which comprises of real-time on-demand, scheduled, and multi-stop parcel delivery services.
We use a proprietary algorithm-based routing system to optimize our routes, increasing delivery efficiency. Our multi-stop parcel delivery services offer merchants that need to dispatch multiple small items on demand, a convenient yet cost efficient delivery solution. In 2022, 2023, and 2024, revenue from quick commerce was S$92,000, S$146,000, and S$221,000 respectively. The following table summarizes the key features of our Quick Commerce service, RydeSEND: RydeSEND Number of stops 1 to 6 Car type Private Hire, Taxi Shared ride Able to take on a maximum of three jobs at any one time Fares Varies based on distance, time, and additional delivery related cost Weight Limit Up to 8kg per delivery trip Size Limit (L x W x H) 40cm x 30cm x 30cm Guarantee
Read the annual filing ↗

Ride Share

GRAB Core

Annual filing released 2025-03-14 · GPT 6 Luna

Our mobility options are designed to provide safe, delightful and economical services for consumers using our platform while enabling economic empowerment for our driver-partners by providing flexibility to earn a living in ways best suited to their objectives. Key mobility offerings on our platform include the following: •GrabCar enables a private hire driver-partner to register with us and accept bookings through our driver-partner application. It includes a variety of localized solutions that vary across our markets, including premium cars (GrabCar Premium), cars equipped to transport persons with mobility needs (GrabAssist), cars equipped with child seats (GrabFamily), cars equipped to transport pets (GrabPet), large format vehicles (GrabCar XL), and limousine-styled services (GrabExec).
In the Philippines, we relaunched the enhanced Move It app in 2023, our two-wheel ride-hailing service in the country, which now integrates Grab’s technology to enhance its operational efficiency and improve its safety and service quality standards. •Three-wheel vehicles provide culturally popular localized modes under a variety of local names such as GrabTukTuk (in Cambodia and Thailand), GrabTrike (in the Philippines), GrabThoneBane (in Myanmar) and GrabRemorque (in Cambodia). •Our shared mobility options, such as carpooling (GrabShare and GrabHitch) also enable more affordable alternatives on our platform for consumers. •Similar to our enterprise deliveries offerings, through the Grab for Business platform, we also offer enterprise mobility solutions to our corporate clients. •Specific to our driver-partners, we offer GrabRentals, which facilitates vehicle rental for our driver-partne
Read the annual filing ↗

RYDE Core

Annual filing released 2025-04-28 · GPT 6 Luna

(a) Mobility. We provide on-demand and scheduled carpooling and ride-hailing services, matching riders to our driver partners. (b) Quick Commerce. We provide on-demand, scheduled, and multi-stop parcel delivery services. Mobility Our mobility business segment includes carpooling and ride-hailing.
Ride-hailing refers to services that connect riders with private-hire or taxi drivers, with the rider having the option to choose the type of ride from a variety of vehicles, such as cars of different seating capacities and make. We started off with only carpooling services, but ride-hailing services was a natural adjacency for us as we have the technology and the platform to enable it. Our ride-hailing services allow riders to determine the number of seats they require for the trip, and offers real-time, on-demand bookings as well as advance bookings and multi-stop options. We started to grow our offerings in this space and currently have the following different service offerings: RydeX, RydeXL, RydeLUXE, RydeFLASH, RydePET, and RydeTAXI services. 39
Read the annual filing ↗

Transportation

GRAB Core

Annual filing released 2025-03-14 · GPT 6 Luna

and advertising revenue arising from promoted listings and banner advertisements, enabling merchant-partners to promote their businesses on the Grab platform. Mobility Connecting consumers with rides provided by driver-partners across a wide variety of multi-modal mobility options including private cars, taxis, motorcycles (in certain markets), and shared mobility options, such as carpooling. It also includes vehicle rental for driver-partners;
Deliveries revenue also includes delivery fees charged to consumers in certain markets where the Group is responsible for delivery services, income earned from the sale of a variety of daily necessities through the operation of a chain of physical stores in certain markets, and advertising revenue arising from promoted listings and banner advertisements, enabling merchant-partners to promote their businesses on the Grab platform. Mobility revenue comprises fees earned from driver-partners and consumers for connecting consumers with transportation rides provided by driver-partners across a variety of multi-modal mobility options, and advertising revenue arising from online and offline advertising solutions which include in-car product placements and mobile billboards.
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RYDE Material

Annual filing released 2025-04-28 · GPT 6 Luna

(a) Mobility. We provide on-demand and scheduled carpooling and ride-hailing services, matching riders to our driver partners. (b) Quick Commerce. We provide on-demand, scheduled, and multi-stop parcel delivery services. Mobility Our mobility business segment includes carpooling and ride-hailing.
In transactions with consumers, the Company act as an agent of the driver partners by connecting consumers seeking mobility and quick commerce services with driver partners looking to provide these services. Driver partners and consumers are our customers and pay us a fee for each successfully completed transaction with consumers. Accordingly, the Company recognize revenue on a net basis, representing the fee the Company expect to receive in exchange for us providing the service to driver partners and consumers. F-14 RYDE GROUP LTD NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 2 Summary of significant accounting policies (continued) Revenue recognition (continued) Mobility and quick commerce
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Banking

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

We also hold 30.84% equity interest in PT Super Bank Indonesia. As of December 2024, GXS Bank offers savings accounts, payment products (GXS Debit Card and GXS FlexiCard), and digital lending products (GXS FlexiLoan) to the public in Singapore. GXBank offers savings accounts, payment products (GX Bank Debit Card) and FlexiCredit, a revolving line of credit to the public in Malaysia. 66 Table of Contents
As part of our financial services offerings, we also provide digital banking services through GXS Bank in Singapore and GXBank in Malaysia. As of December 2024, GXS Bank offers savings accounts, payment products (GXS Debit Card and GXS FlexiCard), and digital lending products (GXS FlexiLoan) to the public in Singapore. GXBank offers savings accounts, payment products (GX Bank Debit Card) and FlexiCredit, a revolving line of credit to the public in Malaysia. Merchant-partners that have entered into contractual agreements with Grab pay us a commission fee, based on transaction volumes, to support the GrabPay e-wallet services we provide or facilitate for merchant-partners and consumers. Inter-company revenue generated from on-platform payments, together with the corresponding costs charged to other Grab segments, is eliminated when we consolidate our financial results.
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RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

This activity has no positive tag in the selected filing snapshot.

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Consumer Goods

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

In some countries such as Malaysia and Indonesia, we also operate GrabSupermarket, which enables the delivery of a wide range of fresh produce and household products from supermarkets. As of December 31, 2024, we also operate 57 supermarkets in Malaysia under Jaya Grocer with more than 38,000 stock-keeping units, approximately 1,100 suppliers, and more than a million members in the Jaya Loyalty program. 67 Table of Contents
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RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

This activity has no positive tag in the selected filing snapshot.

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Ecommerce

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

Others Other offerings primarily include GrabMaps. GrabMaps is a Business-to-Business (B2B) enterprise offering that enables us to provide base map data and map-making tools and software-as-a-service. Additionally, in pursuit of continuing to experiment with new offerings to better serve the needs of our driver- and merchant-partners and consumers, our platform also facilitates other lifestyle services through our superapp including attraction tickets and hotel bookings. Our Business Model Our platform connects millions of consumers with millions of driver- and merchant-partners to facilitate interaction and trade between these stakeholders. We generate the majority of our revenue from service fees and commissions paid by driver- and merchant-partners for use of the Grab superapp to connect them with consumers and facilitate transactions.
Save for certain exceptions, the ITA governs all business-to-business and business-to-consumer internet transactions where one of the parties is situated in the Philippines or where the online merchant, e-retailer, e-marketplace or digital platform is availing of the Philippine market and has minimum contacts in the market. E-marketplace refers to digital platforms whose business is to connect online consumers with online merchants, facilitate and conclude sales, process the payment of products, goods or services through the platform, facilitate the shipment of goods or provide logistics services and post-purchase support within such platforms, and otherwise retains oversight over the consummation of the transaction. An internet transaction refers to the sale or lease of digital or non-digital goods and services over the internet.
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RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

This activity has no positive tag in the selected filing snapshot.

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Enterprise Software

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

Commercializing GrabMaps as a B2B solution includes offering GrabMap’s base map data, enabling customers to leverage GrabMap’s map-making tools and software-as-a-service. For lifestyle offerings, we earn revenues from commissions charged to service providers in return for selling these services through our platform. 74 Table of Contents The Grab Ecosystem Grab ecosystem flywheel
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RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

This activity has no positive tag in the selected filing snapshot.

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Financial Infrastructure

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

The accessibility and affordability of the micro-insurance policies allows more people in Southeast Asia to protect themselves, their families and their livelihoods. •GrabLink, our in-house PCI-compliant secure payment gateway licensed under the Payments Services Act of Singapore aimed at reducing dependency on third-party providers, helps us reduce our cost of funds across Grab transactions. •Digibank Savings Account is a digital banking deposit account accessible through our Digibank apps or website with no cash or cheque services. Depositors can earn interest on their savings accounts, and receive funds into and make transfers from these accounts. •GXS FlexiLoan is a standby revolving line of credit that is accessible through GXS Bank’s Digibank app.
The combination of these tools is aimed at enabling us to deliver a competitive return on advertising spend for our advertising clients and merchant-partners while ensuring we continue to provide relevant, engaging content for consumers using our superapp. •GrabLink, our in-house PCI-compliant secure payment gateway licensed under the Payments Services Act of Singapore, provides the ability for us to process card payments without third-party payment service providers. Today, GrabLink is directly connected to 12 acquirers in eight countries and processes more than a million payment transactions daily, saving us millions of dollars in payment processing costs every year. 78 Table of Contents
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RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

This activity has no positive tag in the selected filing snapshot.

Read the annual filing ↗

Financial Services

GRAB Core

Annual filing released 2025-03-14 · GPT 6 Luna

and advertising revenue arising from online and offline advertising solutions which include in-car product placements and mobile billboards. Financial services Digital solutions offered by and with business partners to address the financial needs of driver and merchant partners and consumers, including digital payments, lending, receivables factoring, digital banking services in certain markets, insurance distribution and associated advertising revenue. Others Suite of offerings including mapping services and anti-fraud offerings.
The revenue growth for our financial services segment in 2024 was primarily attributed to a $41 million growth in our lending businesses through our ecosystem partners and users, and a $29 million growth in our digital banking and payment businesses. Additionally, Segment Adjusted EBITDA improved to $(105) million in 2024 from $(170) in 2023, attributable to the revenue growth of $77 million, along with reductions in overhead expenses of $24 million as we continue to optimize costs. These were partially offset by an increase in costs of $35 million as we continued to ramp up our digital banking business.
Read the annual filing ↗

RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

This activity has no positive tag in the selected filing snapshot.

Read the annual filing ↗

Fintech

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

It also includes GrabRentals, which facilitates vehicle rental for our driver-partners to allow driver-partners (with otherwise limited vehicle access) to be able to offer services through our platform. Through GrabAds, we also provide both online and offline advertising solutions, with the latter leveraging our vehicle fleet, such as car wraps and in-car product placements to generate mass awareness. Financial Services—Our financial services offerings include digital solutions offered by and with our partners to address the financial needs of driver- and merchant-partners and consumers, including primarily digital payments, lending, receivables factoring, and insurance distribution through GrabFin and OVO. As part of our financial services offerings, we also provide digital banking services through GXS Bank in Singapore and GXBank in Malaysia.
In the example above, the driver-partner earns $12.40. 73 Table of Contents Grab Economics: We retain the commission earned from the journey. In the example above, Grab earns $0.60 after accounting for partner incentives of $1.00 and consumer incentives of $1.00. Financial Services. Our financial services offerings include digital solutions to address the financial needs of our driver- and merchant-partners and consumers, including primarily digital payments, lending, receivables factoring, and insurance. This segment includes GrabPay, GrabRewards, GrabFin, GrabInsure, and OVO. The financial results of OVO, which is a leading Indonesian digital payments and smart financial services business, are consolidated in our financial results and included in our financial services segment.
Read the annual filing ↗

RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

This activity has no positive tag in the selected filing snapshot.

Read the annual filing ↗

Food And Beverage

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

In some countries such as Malaysia and Indonesia, we also operate GrabSupermarket, which enables the delivery of a wide range of fresh produce and household products from supermarkets. As of December 31, 2024, we also operate 57 supermarkets in Malaysia under Jaya Grocer with more than 38,000 stock-keeping units, approximately 1,100 suppliers, and more than a million members in the Jaya Loyalty program. 67 Table of Contents
Read the annual filing ↗

RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

This activity has no positive tag in the selected filing snapshot.

Read the annual filing ↗

Food Delivery

GRAB Core

Annual filing released 2025-03-14 · GPT 6 Luna

Together these superapps help our driver- and merchant-partners connect with millions of Southeast Asians consumers seeking hyperlocal services made available through our platform, which includes our deliveries, mobility and financial services offerings. Deliveries—Our deliveries platform connects our driver- and merchant-partners with consumers to create a local logistics platform, facilitating on-demand and scheduled delivery of a wide variety of daily necessities including in selected markets, ready-to-eat meals and groceries, as well as point-to-point package delivery. We also operate supermarkets in Malaysia under Jaya Grocer, which enables us to bring the convenience of on-demand grocery delivery to more consumers in the country.
We also operate supermarkets in Malaysia under Jaya Grocer, which enables us to bring the convenience of on-demand grocery delivery to more consumers in the country. Key deliveries offerings on our platform include the following: •GrabFood is a food ordering and delivery booking service, which enables merchant-partners to accept bookings for prepared meals from consumers (with options for on-demand deliveries, scheduled deliveries and pick-up orders) through Grab’s merchant-partner application, and it also enables driver-partners to accept bookings for prepared meal delivery services through Grab’s driver-partner application.
Read the annual filing ↗

RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

This activity has no positive tag in the selected filing snapshot.

Read the annual filing ↗

Insurance

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

have expanded, and plan to continue to expand, our financial services offerings and platform. These offerings include services such as digital banking (primarily unsecured loans, deposits and payment methods) and GFG’s other financial services (primarily payments, lending, receivables factoring, insurance distribution and captive insurance business). During 2024, we launched our insurance underwriting business that allows us to develop and distribute insurance products in Singapore.
Our PayLater offering drives sales to merchant-partners by improving their discoverability by consumers who use our consumer superapp, and by improving the affordability of their goods and services to consumers. •GrabInsure connects affordable insurance products to consumers and our driver-partners, and is available in Singapore, Indonesia, Malaysia, the Philippines and Vietnam. Products offered include protections for rides and package deliveries, personal accident insurance, income protection insurance, critical illness insurance, vehicle insurance and travel insurance. The majority of the policies transacted over our platform are innovative micro-insurance policies.
Read the annual filing ↗

RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

This activity has no positive tag in the selected filing snapshot.

Read the annual filing ↗

Payments

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

Key financial services offerings on our platform include the following: •GrabPay is our digital payments solution addressing unique digital payments challenges and is available in Indonesia (through OVO), Malaysia, the Philippines, Singapore, and Thailand. It allows consumers to make online and offline electronic payments using their mobile wallet. We enable consumers, lacking access to a bank account, to add payment methods and top up their mobile wallet through our driver-partner network, amongst many other top up channels.
In the example above, the driver-partner earns $12.40. 73 Table of Contents Grab Economics: We retain the commission earned from the journey. In the example above, Grab earns $0.60 after accounting for partner incentives of $1.00 and consumer incentives of $1.00. Financial Services. Our financial services offerings include digital solutions to address the financial needs of our driver- and merchant-partners and consumers, including primarily digital payments, lending, receivables factoring, and insurance. This segment includes GrabPay, GrabRewards, GrabFin, GrabInsure, and OVO. The financial results of OVO, which is a leading Indonesian digital payments and smart financial services business, are consolidated in our financial results and included in our financial services segment.
Read the annual filing ↗

RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

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Read the annual filing ↗

Retail

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

In some countries such as Malaysia and Indonesia, we also operate GrabSupermarket, which enables the delivery of a wide range of fresh produce and household products from supermarkets. As of December 31, 2024, we also operate 57 supermarkets in Malaysia under Jaya Grocer with more than 38,000 stock-keeping units, approximately 1,100 suppliers, and more than a million members in the Jaya Loyalty program. 67 Table of Contents
Read the annual filing ↗

RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

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SaaS

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

Commercializing GrabMaps as a B2B solution includes offering GrabMap’s base map data, enabling customers to leverage GrabMap’s map-making tools and software-as-a-service. For lifestyle offerings, we earn revenues from commissions charged to service providers in return for selling these services through our platform. 74 Table of Contents The Grab Ecosystem Grab ecosystem flywheel
Read the annual filing ↗

RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

This activity has no positive tag in the selected filing snapshot.

Read the annual filing ↗

Software

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

Commercializing GrabMaps as a B2B solution includes offering GrabMap’s base map data, enabling customers to leverage GrabMap’s map-making tools and software-as-a-service. For lifestyle offerings, we earn revenues from commissions charged to service providers in return for selling these services through our platform. 74 Table of Contents The Grab Ecosystem Grab ecosystem flywheel
Read the annual filing ↗

RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

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Read the annual filing ↗

Technology

GRAB Material

Annual filing released 2025-03-14 · GPT 6 Luna

Commercializing GrabMaps as a B2B solution includes offering GrabMap’s base map data, enabling customers to leverage GrabMap’s map-making tools and software-as-a-service. For lifestyle offerings, we earn revenues from commissions charged to service providers in return for selling these services through our platform. 74 Table of Contents The Grab Ecosystem Grab ecosystem flywheel
Read the annual filing ↗

RYDE Not tagged

Annual filing released 2025-04-28 · GPT 6 Luna

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Read the annual filing ↗
What each company does

Compare the businesses

Grab Holdings Limited Class A Ordinary Shares

GRAB · XNAS

Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. It operates through four segments: Deliveries, Mobility, Financial services, and Others. The company offers its Grab ecosystem, a single platform with superapps for driver- and merchant-partners and consumers, that allows access to mobility, delivery, and digital financial services. It also provides digital banking services. Grab Holdings Limited was founded in 2012 and is headquartered in Singapore.

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Ryde Group Ltd.

RYDE · XASE

Ryde Group Ltd engages in the provision of mobility and quick commerce solutions in Singapore. The company offers on-demand and scheduled carpooling and ride-hailing services; matching riders to its driver partners; and on-demand, scheduled, and multi-stop parcel delivery services. It also operates RydePay, a digital payments solution that allows users to pay and top up by card and to pay by RydeCoins; and Ryde+, a value subscription plan service. The company was founded in 2014 and is headquartered in Singapore.

Open RYDE dashboard ↗
Financial data

Fundamentals side by side

Explore financial charts ↑
Show fundamentals table · 11 rows, 3 columns
MetricGRABRYDE
ExchangeXNASXASE
SectorTechnologyTechnology
IndustrySoftware - ApplicationSoftware - Application
Market observation2026-10-122026-10-12
Closing price (USD)$3.15$0.61
Market cap (USD)$12.89B$110.66M
P/E (TTM)64.44×Unavailable
Latest annual period2025-12-312025-12-31
Revenue (annual, USD)$3.37B$9.72M
Net income (annual, USD)$200.00M$-13.57M
Gross margin (annual)43.20%Unavailable

USD values from stored observations. Fiscal period endings and availability dates may differ.

GRAB period ended 2025-12-31 · available 2026-03-06 · SEC filing ↗RYDE period ended 2025-12-31 · available 2026-04-24 · SEC filing ↗

Related stock comparisons

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Behind the comparison

Sources and methodology

Price return uses split-adjusted daily closes and excludes dividends. Both stocks start on the first shared trading day within the selected window. Unavailable metrics leave gaps.

Financials use SEC canonical statements available by the displayed cutoff, retaining each company's fiscal period end. Annual and quarterly amounts are shown separately. P/E is unavailable when earnings do not support a positive ratio.

Business overlap uses industry tags from annual filings released in 2025. Each core activity receives full weight; each material activity receives one quarter of that weight. Rarer industries carry more weight. We sum the smaller exposure for each shared activity and divide it by the sum of the larger exposure for every activity in either company. This measures business overlap, rather than price correlation or expected returns.

Related comparisons require a shared specific core activity and at least 20% overlap. Broad categories alone do not establish a close peer relationship. Identical classifications can score 100% even when companies sell different products. We select up to ten leading peers per issuer for discovery, combine both directions, and require current common shares, public company profiles and stored price observations. Arbitrary stock pairs remain available.

Statements available through 2026-10-14. Industry snapshot: 2025-12-31 · 5,721 classified issuers.