November 11, 2025 | 02:52 pm

TEMPO.CO, Jakarta - Chief Investment Officer of Danantara Indonesia Investment Management Agency, Pandu Sjahrir, stated that the decision on the merger of the giant online transportation PT GoTo Gojek Tokopedia and Grab Indonesia is entirely left to the two companies. Nevertheless, Danantara and the government will continue to monitor the process.
Pandu stated that the primary priority remains on the fundamental aspects of inter-company business or business-to-business (B2B). "The government also provides input, and we will certainly follow the government's input. But the most important thing is the B2B aspect," said Pandu at Wisma Danantara, Jakarta, on Tuesday, November 11, 2025.
Danantara will continue to provide support on the condition that the merger generates financial benefits for the company. "Because the commercial return aspect is also crucial. So, we have to safeguard that," he said.
The Chairperson of the Indonesian Fintech Association (Aftech) expressed caution before offering an opinion on the GoTo-Grab merger. This is because both are leading digital transportation companies. He emphasized that while the government's input and desires are undoubtedly good, the focus must remain on the B2B principles between companies.
The plan to merge the two companies was previously confirmed by the State Secretary Minister Prasetyo Hadi at Istana Merdeka, Jakarta, on Friday, November 7, 2025. Prasetyo stated that discussions about this merger were held during the government's deliberations on the draft presidential regulation (Perpres) regarding online motorcycle taxis.
He also mentioned that Danantara will be involved in the process of merging the two companies. "Probably (Danantara will be involved)," he said as quoted from Antara. Prasetyo conveyed that they are still seeking a plan for merging the two companies. It could be either a merger or an acquisition.
The Director of Legal and Group Corporate Secretary of PT GoTo Gojek Tokopedia Tbk (GOTO), RA Koesoemohadiani, responded to the potential transaction between PT GoTo Gojek Tokopedia Tbk (GOTO) and Grab. "GoTo stated that until now there has been no decision or agreement regarding the matter," she said in an official statement quoted on Tuesday, November 11, 2025.
Editor's Choice: Short-Lived GoTo Share Price Surge
Click here to get the latest news updates from Tempo on Google News
Danantara and Government's Roles in Addressing the High-Speed Train Debt Issue
2 jam lalu

COO Danantara Indonesia Dony Oskaria ensures the investment management body will take part in the negotiation of the high-speed train debt restructuring.
Short-Lived GoTo Share Price Surge
4 jam lalu

GoTo's share price climbed after the company claimed a profit in the third quarter of 2025. The market euphoria lasted only a day.
GoTo Announces Extraordinary Shareholders' Meeting Amid Gojek-Grab Merger Plan
7 jam lalu

Based on its announcement on the Indonesia Stock Exchange, Monday, November 10, 2025, GOTO will hold an EGM on December 17, 2025 from 10: 00-12: 00 WIB.
Today's Top 3 News: Police Plan to Build Trauma Healing Center for SMAN 72 Students After Blasts
21 jam lalu

Here is the list of the top 3 news on Tempo English today.
IHSG Gains 0.25% as GOTO and BUMI Lead Foreign Buying in Today's Session
1 hari lalu

Indonesia's Composite Stock Price Index (IHSG) rose 0.25 percent in Monday's first trading session, November 10, 2025, closing at 8,415.5 points.
Garuda Indonesia: Citilink Receives Rp14.9 Trillion from Danantara
1 hari lalu

Allocation of funds from Danantara to Citilink is greater than to Garuda Indonesia due to several reasons. What are they?
Indonesia Confirms Plan to Merge Tech Giants GoTo and Grab
1 hari lalu

The state-owned Investment Management Agency, Danantara, is likely to be involved in facilitating the merger process between GoTo and Grab.
Garuda Indonesia Faces Business Disputes in Singapore and the US
2 hari lalu

WAKIL Direktur Garuda Indonesia Thomas Oentoro mengatakan ada lima kontijensi dalam catatan atas laporan keuangan perseroan pada 30 Juni 2025.
Danantara Cuts Capital Injection for Garuda Indonesia to US$1.4 Billion
2 hari lalu

Garuda Indonesia (GIAA) said the planned capital injection from state-owned Danantara was cut to US$1.4 billion from Rp29.8 trillion.
Danantara Injects US$1.4 Billion Capital into Garuda Indonesia
2 hari lalu

The capital injection for Garuda Indonesia from Danantara was revised down from Rp 29.8 trillion to US$1.4 billion, or approximately Rp 23.6 trillion.


















































