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Jakarta Wants the Grab-GoTo Merger. It's Putting It in a Decree.
What Actually Happened
| # | Claim | Date | Entities | Source |
|---|---|---|---|---|
| 1 | Talks of a merger between Grab and GoTo intensified recently after the Indonesian government became involved. | Grab, GoTo, Indonesian government | Reuters (archived) | |
| 2 | Investors in GoTo reportedly want to oust the company's current chief executive. | GoTo, GoTo CEO, GoTo investors | Bloomberg (archived) | |
| 3 | GoTo's current chief executive reportedly opposes a potential merger with Grab. | GoTo CEO, Grab, GoTo | Bloomberg (archived) | |
| 4 | The current GoTo chief executive joined the company in 2023. | GoTo CEO, GoTo | Forbes (archived) | |
| 5 | The GoTo chief executive oversaw a roughly 40 percent decline in GoTo's market value during his tenure. | GoTo CEO, GoTo | Bloomberg (archived) | |
| 6 | The GoTo chief executive's private equity firm was an investor in another Indonesian startup. | GoTo CEO, private equity firm, Indonesian startup | Infrastructure Investor (archived) | |
| 7 | The startup's funds were eventually sold off for pennies on the dollar earlier in 2025. | Indonesian startup, private equity firm | Instagram Video (Primary Source) (archived) | |
| 8 | The Indonesian government is reportedly so keen on a Grab-GoTo merger that it is being included in a future presidential decree. | Indonesian government, Grab, GoTo, presidential decree | Reuters (archived) | |
| 9 | The same presidential decree reportedly also outlines new rules for ride-hailing drivers. | presidential decree, ride-hailing drivers | Reuters (archived) | |
| 10 | Danantara manages a company that owns a company that owns stakes in GoTo. | Danantara, GoTo | Instagram Video (Primary Source) (archived) | |
| 11 | Danantara would like to own stakes in a merged Grab-GoTo entity. | Danantara, Grab, GoTo | Dealroom (archived) | |
| 12 | Danantara's potential leverage over the merged entity could make the merged company more aligned with government policy. | Danantara, Grab, GoTo, Indonesian government | FairObserver (archived) | |
| 13 | A majority of GoTo is reportedly not owned by Indonesia. | GoTo, Indonesia | Yahoo Finance (archived) |