Transportation company inDrive announced strong financial performance for the past year, with CEO and founder Arsen Tomsky reporting net revenue climbed nearly one-third as the company improved its profit margins per trip following years of aggressive growth.
The privately-owned company, based in the United States, is now pursuing expansion into delivery services across developing nations through strategic purchases, having already acquired online grocery delivery platforms in Pakistan and Kazakhstan over the past two years, Tomsky explained during a Friday interview.
“Gradually, through these purchases, we are entering this new sphere,” he said.
The platform distinguishes itself from competitors like Uber and Grab by enabling passengers and drivers to bargain over trip prices, attracting budget-minded customers in emerging economies.
Annual revenue climbed 31% to reach $601.6 million in 2025 versus the previous year, according to Tomsky.
“Our primary region is Latin America. Slightly more than half of our entire business is located there,” he said.
“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.”
The company operates one of its major employee centers in Kazakhstan, where Tomsky – a Russia-born executive who gave up his Russian citizenship in 2024 – has obtained Kazakh citizenship.
Since launching in 2013, inDrive reports its transportation app has been downloaded over 400 million times globally.
