On June 30, Grab Holdings rose 5.07% in regular trading, trading at $3.73 per share, with turnover of $167 million.

On the news front, Wuling Indonesia and Grab signed a strategic partnership agreement on June 28, under which Grab's leasing platform will batch-import Wuling's Binguuo EV models. The deal marks a further deepening of Grab's electrified mobility strategy in its core Indonesian market, which accounts for over 21% of the company's total revenue. Grab's CEO had previously indicated a commitment to continued investment in Indonesia operations.

On the fundamental side, Grab reported Q1 revenue of $955 million, up 24% year-over-year, with net profit of $120 million, a significant improvement from $10 million in the year-ago period. The company achieved its first full-year profitability in fiscal year 2025 with $200 million in net income, reversing a $158 million loss the prior year. Grab has also been actively expanding its ecosystem through strategic moves including a $500 million share buyback program, an exclusive lidar distribution partnership with Hesai Group, and the acquisition of AI robotics firm Infermove to bolster delivery capabilities.

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