Finance
Ride-hailing app inDrive says revenue up 31% in 2025, eyes delivery expansion
Published by Global Banking & Finance Review®
Posted on March 16, 2026
2 min readLast updated: March 16, 2026
Quick Summary
inDrive’s net revenue climbed 31% year‑on‑year to $601.6 million in 2025 as profitability per ride improved; the company is accelerating its “super‑app” strategy by expanding into grocery delivery and in‑app advertising, particularly in Pakistan and Kazakhstan.
inDrive Revenue Soars 31% in 2025, Expands Delivery in Developing Markets
inDrive's Financial Growth and Strategic Expansion
Strong Revenue Growth in 2025
ALMATY, March 16 (Reuters) - Ride-hailing application inDrive saw net revenue grow by nearly a third last year, founder and CEO Arsen Tomsky said, as profitability per ride improved following several years of rapid expansion.
Expansion into Delivery Services
The privately held, U.S.-headquartered company is now looking to expand its delivery offerings in developing countries with fresh acquisitions, after buying online grocery delivery services in Pakistan and Kazakhstan in the last two years, Tomsky said in an interview on Friday.
Entering New Spheres through Acquisitions
"Gradually, through these purchases, we are entering this new sphere," he said.
Unique Business Model and Market Positioning
InDrive sets itself apart from rivals such as Uber and Grab by allowing drivers and riders to negotiate fares, appealing to price-conscious consumers in emerging markets.
Revenue and Regional Focus
Revenue grew 31% to $601.6 million in 2025 compared to the prior year, Tomsky said.
Latin America as Primary Market
"Our primary region is Latin America. Slightly more than half of our entire business is located there," he said.
Targeting Price-Conscious Consumers
"We are a better fit for people who want to keep everything under control. People for whom it is very important to save money, who value every cent. And for this reason, we started in developing countries."
Corporate Presence and Leadership
InDrive has one of its largest employee hubs in Kazakhstan, and Tomsky - who was born in Russia but renounced citizenship in 2024 - has taken up Kazakh citizenship.
App Adoption and Milestones
The company says its ride-hailing app has been downloaded more than 400 million times since its launch in 2013.
(Reporting by Felix Light; Editing by Kevin Buckland)
Key Takeaways
- •Net revenue rose 31% to $601.6 million in 2025, driven by better per‑ride profitability.
- •inDrive is rolling out in‑app advertising across top markets and launching grocery delivery—starting in Pakistan via Krave Mart and earlier in Kazakhstan—as part of its super‑app expansion.
- •Beyond Latin America, inDrive is leveraging its scale (360M+ downloads, second most‑downloaded ride‑hailing app) to diversify into commerce, delivery, and eventual financial services.
Frequently Asked Questions about Ride-hailing app inDrive says revenue up 31% in 2025, eyes delivery expansion
1How much did inDrive's revenue grow in 2025?
inDrive's net revenue grew by 31% to $601.6 million in 2025 compared to the prior year.
2What is driving inDrive's expansion plans?
inDrive is focusing on expanding its delivery offerings in developing countries through acquisitions.
3How does inDrive differentiate from rivals like Uber and Grab?
inDrive allows riders and drivers to negotiate fares, appealing to price-conscious consumers.
4Which region is the primary market for inDrive?
Latin America is inDrive's primary region, accounting for over half of its business.
5How many times has the inDrive app been downloaded since its launch?
The inDrive app has been downloaded more than 400 million times since its 2013 launch.
