ComfortDelGro Corporation Limited, one of the world’s largest land transport companies, has reached a significant milestone in its global expansion. For the first time, the company reported that its overseas revenue has surpassed that of its home base, Singapore. In the first half of 2025, ComfortDelGro’s overseas revenue accounted for more than half of its total revenue, marking a pivotal shift in the company’s revenue composition and underscoring the success of its international ventures.
Strategic Expansion into Key Markets
ComfortDelGro’s international operations now span 13 countries, including Australia, the United Kingdom, China, Ireland, New Zealand, Sweden, and Vietnam. Strategic acquisitions and partnerships have played a crucial role in this growth. Notably, the acquisitions of A2B Australia and Addison Lee have strengthened its presence in the Australian and UK markets, respectively. These moves have expanded the company’s service offerings across buses, rail, taxis, and private hire services, diversifying its global portfolio.
In Sweden, ComfortDelGro, in partnership with the Go-Ahead Group, secured a major contract for the operation and maintenance of the Stockholm Metro, replacing the previous operator. Valued at $5.1 billion, this contract highlights ComfortDelGro’s ability to manage large-scale public transport projects internationally.
Performance in Singapore
Despite strong overseas growth, ComfortDelGro’s Singapore operations continue to perform solidly, contributing a substantial share of total revenue. However, the relative contribution from Singapore has declined, reflecting a strategic shift toward a more balanced global revenue distribution and demonstrating the company’s success in scaling its international footprint.
Financial Outlook and Future Prospects
ComfortDelGro’s performance illustrates the effectiveness of its international expansion strategy. By diversifying revenue streams and leveraging strategic acquisitions, the company is well-positioned for sustained growth in the global transport sector. Looking forward, ComfortDelGro plans to continue focusing on profitable overseas growth, capitalizing on opportunities in key international markets while maintaining operational excellence across its global network.
Conclusion
The milestone of generating more revenue from overseas than from its home base signifies ComfortDelGro’s evolution from a Singapore-centric transport operator to a global industry player. This strategic shift not only strengthens the company’s resilience against local market fluctuations but also positions it for long-term success in the competitive, rapidly expanding global transport sector.
