Peter Uy
speaker
77 appearances
2 recordings
1 series
first heard Nov 2025
last heard 4 Aug
Peter Uy’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.
Appearances
So, yeah, it actually has been really interesting was this momentum that we're seeing actually started well beginning of the year.
And when we entered the second quarter, especially in the March period, we were exiting Q1 with the fuel crisis and the war happening.
We were actually revisiting our situation, what was going to happen in the second quarter, given Southeast Asia, we were the hardest impacted with fuel prices.
But
We didn't actually see that play out.
Even though fuel prices went up, we leaned in fairly hard in supporting the driver community.
We also leaned in in helping the consumers with affordable rides.
And what we actually saw was completely the opposite.
Actually, we saw our rides grow at 28% on a year-over-year basis, one of the highest that we've seen.
And we saw also our on-demand business, both on food and delivery, also on-demand GMB, grew at 21%.
So it was a very robust
very resilient ASEAN economy, despite some of the challenges we had with macro here in Southeast Asia.
But also we also saw the marketplace very healthy at the same time and driving the profitability in the business.
Yeah, it was actually a very balanced the way we saw it.
We saw the domestic commute still very strong, both in two wheels and four wheels.
The rides were up 28%, which is very strong for us.
We saw a lot of the one out of four new users coming in through what we call the Sabre program, which is more affordable rides.
But we also saw the premium rides also were up 90% on a quarter-on-quarter basis.
So it was a really well-balanced portfolio.
all across the many cities that we're in here today.
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