Indonesian Political, Business & Finance News

Grab Denies Rumours of Exit from Indonesia

| | Source: MEDIA_INDONESIA Translated from Indonesian | Business
Grab Denies Rumours of Exit from Indonesia
Image: MEDIA_INDONESIA

Grab Indonesia has firmly denied rumours circulating on social media regarding the company’s plan to exit the Indonesian market. Management has ensured that Indonesia remains a strategic market and a primary ecosystem for the company’s business growth.

Grab Indonesia CEO, Neneng Goen_adi, stated that news regarding a withdrawal plan is entirely untrue. She emphasised that Grab has been an integral part of the lives of the Indonesian people for over a decade.

“Grab affirms that rumours regarding plans to leave Indonesia are untrue. For more than a decade, Grab has been part of the daily lives of millions of Indonesians,” Neneng said in a written statement received in Jakarta on Thursday.

The issue of Grab’s potential exit surfaced following speculation related to the financial impact evaluation of Presidential Regulation (Perpres) Number 27 of 2026. This regulation, announced in early May, regulates the maximum commission cap for application providers at 8% of the income of online motorcycle taxi (ojol) driver partners.

Rumours suggested that this commission cap triggered internal discussions regarding options to withdraw certain services or exit the Indonesian market entirely due to potential decreases in profitability. However, Neneng ensured that Grab always respects government policies and is committed to aligning company operations with the national agenda.

As proof of its commitment, Grab presented data regarding its real contribution to the national economy and partner welfare. Within the Grab ecosystem, it is recorded that more than 445,000 MSME partners and driver partners have accessed financing through GrabModal by OVO Financial, with a total disbursement of Rp6 trillion.

Neneng added that Grab will continue to collaborate with the government and all stakeholders to strengthen an inclusive people-based digital economy. “For Grab, Indonesia is not just an ecosystem, but a home where we grow together with the community. We are committed to continuing to play an active role in supporting the lives of the Indonesian people,” she concluded.

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