Today: 19 July 2026
Grab Stock Gets a July 1 Test as Indonesia Cuts Driver Fees
24 June 2026
1 min read

Grab trims Indonesia driver commissions to 8% from July 1 after Jakarta rules change

JAKARTA, June 24, 2026, 19:20 (WIB)

  • Grab and GoTo are lowering commissions for two-wheeled drivers in Indonesia to 8%, down from the current 20%, starting July 1.
  • GrabBike and Gojek’s GoRide are the two services listed for the rollout. Grab Indonesia CEO Neneng Goenadi and GoTo executive Catherine Hindra Sutjahyo both confirmed when it will happen.
  • Grab traded at $3.46 ahead of the U.S. regular session, off $0.02 versus the last close. Nasdaq regular hours had not started.

Grab Holdings and GoTo in Indonesia will reduce the cut they take from motorbike drivers in the country starting next week. This will lower the fees that app operators make in a major Southeast Asian ride-hailing market.

Two-wheeled ride-hailing services will see the cut start July 1. Commission is the slice of each fare a platform keeps before the driver gets paid.

GoTo, which operates Gojek, Grab’s top local rival in Indonesia for motorbike rides and food delivery, is cutting rates along with Grab. Both firms are moving together, meaning neither is left on its own with lower driver take rates.

Goenadi said Grab plans to use the rate for GrabBike. Sutjahyo said Gojek will apply it to GoRide and called the move one that will “improve the welfare” of its motorbike taxi driver partners.

Indonesia’s new rules under Presidential Regulation No. 27/2026 will cap commissions for online ride-hailing platforms at 8%, so drivers get at least 92% of fares, up from the earlier 80:20 arrangement. The regulation also adds protections on accidents and healthcare for drivers, a May report said.

Grab faces pressure on revenue per motorbike ride if it cuts platform fees, which could mean less cash for driver incentives and discounts. In May, Grab said Indonesian ojol, or motorcycle ride-hailing, made up under 6% of total Mobility GMV—rides measured before subtracting costs. The company also said it sees Mobility adjusted EBITDA margins holding inside historical bands in 2026. Adjusted EBITDA takes out interest, tax, depreciation and amortisation, with extra adjustments.

Grab posted first-quarter revenue of $955 million, rising 24% on the year. Profit for the quarter came in at $120 million. Adjusted EBITDA was $154 million. The company stuck with its 2026 revenue outlook, saying it still expects $4.04 billion to $4.10 billion, along with adjusted EBITDA of $700 million to $720 million.

Grab traded at $3.46 in pre-market, off $0.02 from its prior close. The last trade hit at 11:53 UTC. Nasdaq lists regular hours as 9:30 a.m. to 4 p.m. ET, with pre-market from 4 a.m. to 9:30 a.m. ET.

Roman Perkowski is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Cracow University of Economics, he previously worked in investment research and corporate finance. His coverage helps readers understand the key forces driving global financial markets and emerging industries. Follow Roman Perkowski on Google News.

Stock Market Today

  • Netflix Shares Projected for 140% Gain Despite Lower Q2 Earnings
    July 19, 2026, 11:08 AM EDT. Netflix (NASDAQ:NFLX) shares fell to $74.35 after its Q2 report, but 24/7 Wall St. maintains a $178.11 price target, signaling a potential 139.56% upside over the next year with a 90% confidence interval. The company posted Q2 revenue of $12.559B, narrowly under expectations, while earnings per share outperformed at $0.80. Free cash flow dropped 32.73% to $1.53B, fueling investor caution. Subscriber numbers continue to strengthen in key regions and over 60% of new sign-ups are ad-supported. Netflix announced plans for generative AI rollout and finished $4.7B in share repurchases. Headwinds include a 28.04% slide in operating cash flow, greater capital expenditures and slower revenue growth. In comparison to Disney, Netflix reports stronger margins and return on equity, but its price-to-earnings ratio stands higher at 29.
Aditxt (NASDAQ:ADTX) stock rally triggers questions around old share figures after latest SEC filing
Previous Story

Aditxt (NASDAQ:ADTX) stock rally triggers questions around old share figures after latest SEC filing

Ambu falls after Danske Bank downgrades on urology concerns
Next Story

Ambu falls after Danske Bank downgrades on urology concerns

Go toTop