Grab Results Presentation Deck
Q2 2023 Results
Incentives
$ In millions
Deliveries
Mobility
Financial Services
Enterprise & New Initiatives
Total
As a % of GMV(4)
Deliveries
Mobility
Financial Services
Enterprise & New Initiatives
Total
Base
Incentives (1)
17.7
54.4
0.3
0.0
72.4
Base
Incentives(¹)
0.7%
4.1%
0.0%
0.0%
1.4%
Excess
Incentives (2)
95.5
7.5
0.0
0.0
Q2 2023
103.0
Consumer
Incentives (3)
173.4
Q2 2023
Excess
Incentives (2)
3.7%
0.6%
0.0%
0.0%
2.0%
45.5
6.1
20.0
245.0
Consumer
Incentives (3)
6.7%
3.4%
0.5%
39.8%
4.7%
Total
Incentives
286.5
107.4
6.4
20.0
420.4
Total
Incentives
11.1%
8.1%
0.5%
39.8%
8.0%
Base
Incentives (1)
12.0
36.9
0.1
0.0
49.0
Base
Incentives (1)
0.5%
3.6%
0.0%
0.0%
1.0%
Excess
Incentives(2)
147.8
15.5
0.0
0.0
163.3
1.5%
Excess
Incentives (2)
6.0%
0.0%
Q2 2022
0.0%
3.2%
Consumer
Incentives (3)
221.0
26.2
Q2 2022
28.0
35.9
311.1
Consumer
Incentives (3)
8.9%
2.5%
1.9%
69.0%
6.2%
Total
Incentives
380.7
78.7
28.1
35.9
523.4
Total
Incentives
15.4%
7.6%
1.9%
69.0%
10.4%
Note: Q2 2022 and Q2 2023 are based on unaudited numbers. 1. Base incentives refer to the amount of incentives paid to driver and merchant-partners up to the amount of commissions and fees earned by Grab from those driver- and merchant-partners. 2. Excess incentives refer to payments
made to driver- and merchant-partners that exceed the amount of commissions and fees earned by Grab from those driver- and merchant-partners. 3. Consumer incentives refer to discounts and promotions offered to consumers. 4. Calculated as a percentage of segment GMV (for Deliveries,
Mobility, Financial Services and Enterprise & New Initiatives) and Group GMV (for Total). Gross Merchandise Value is an operating metric representing the sum of the total dollar value of transactions from Grab's products and services, including any applicable taxes, tips, tolls, surcharges and
fees, over the period of measurement GMV includes sales made through offline stores.
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