Grab emphasized that it has not held talks or agreed on an agreement with PT GoTo Gojek Tokopedia Tbk (GoTo) regarding the merger of the two companies.
The clarification was conveyed by the Country Managing Director of Grab Indonesia Neneng Goenadi in response to speculation circulating in the media about the potential transaction between Grab and GoTo.
"Currently, there are no ongoing discussions between the two parties and Grab that have not signed any definitive agreements," Neneng said at a press conference in South Jakarta on Friday, June 13, as reported by ANTARA.
Neneng explained that the statement was also submitted in Grab's report to the United States Securities and Exchange Commission (SEC) on Monday (9/6).
Grab stated that the company will continue to apply high standards in its capital use with a balanced approach between investment for profitable organic growth and high selectivity against non-organic opportunities, in line with the framework of capital allocation.
Neneng said that Indonesia remains an important country in realizing the company's commitment to provide the best service for passengers, driver-partners, and merchants.
In an announcement made to the Indonesia Stock Exchange (IDX) in mid-May 2025, GoTo has provided clarification on speculation circulating in the media about the possibility of transactions with Grab.
"The company is aware of speculation in several media and rumors that are rolling back about the planned transaction between the Company and Grab," said GoTo Corporate Secretary R A Koesoemoharani.
Goto said the company regularly accepts various offers from outside parties. Each of these offers will be carefully considered for the long-term interests of all stakeholders.
"However, until the date of this information disclosure, the Company has not reached any decision regarding the offer that may have been known or accepted by the Company," said R A Koesoemoadiani.
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