TEMPO.CO, Jakarta – The possible merger between two ride-hailing giants, GoTo Gojek Tokopedia and Grab Holdings Inc.,is becoming clearer. The news, which first surfaced in early 2025 and was denied by both companies, has now been confirmed by the State Palace in Jakarta. Minister of State Secretary Prasetyo Hadi disclosed that the plan was among the topics discussed in a cross-ministerial and agency forum.
The government is currently drafting a presidential regulation on online motorcycle taxis, which will address driver protection and welfare, including accident and death insurance. The same forum also discussed the merger plan. “Yes, that’s one of the topics (being discussed),” Prasetyo said at the State Palace on Friday, November 7, 2025.
Not only did Prasetyo confirm the merger agenda, but he also revealed the involvement of Daya Anagata Nusantara (Danantara)—the state-owned investment management agency—in the GoTo-Grab merger plan. “Because there’s a corporate process involved as part of what’s being discussed,” he said.
GoTo previously denied the merger rumor in an information disclosure to the Indonesia Stock Exchange (IDX) in March, calling the reported Rp114.8 trillion (around US$6.8 billion) deal “pure speculation.”
