Grab stock price bounces as Indonesia ride-hailing decree risk hangs over GRAB shares
NEW YORK, Jan 16, 2026, 09:54 EST — Market hours underway. Shares of Grab Holdings climbed 2.7% to $4.51 in early Nasdaq trading Friday, bouncing between $4.42 and $4.60 beforehand. The stock took a hit this week after Reuters reported that Indonesia is considering a draft presidential decree to slash the commission cap ride-hailing companies can charge drivers—from 20% down…