November 11, 2025 | 07:05 am
TEMPO.CO, Jakarta - PT GoTo Gojek Tokopedia Tbk (GOTO) announced plans for an Extraordinary General Meeting of Shareholders (EGMS) on Wednesday, December 17, 2025, amidst rumors of a proposed merger between Gojek and Grab Indonesia. According to its announcement to the Indonesia Stock Exchange on Monday, November 10, 2025, GoTo will hold the meeting from 10:00 AM to 12:00 PM WIB (Western Indonesian Time).
GoTo's Legal Director and Group Corporate Secretary, R.A. Koesoemohadiani, stated that the EGMS is not related to any planned corporate action. "The agenda for this EGMS is not related to any planned corporate action," he said in a written statement on Monday, November 10, 2025.
Koesoemohadiani stated that management will announce further information in accordance with applicable regulations when GoTo convenes shareholders on November 25, 2025.
"The President Director, Board of Directors, and management remain fully committed to acting professionally and prioritizing the interests of all stakeholders," he said.
In the same written statement, Koesoemohadiani responded to the news of the GoTo-Grab merger. He stated that no decision has been made regarding the merger plan. "GoTo confirms that there has been no decision or agreement regarding this matter to date," he said.
Koesoemohadiani stated that every step the company takes always complies with applicable laws and regulations for public companies. He stated that GoTo's corporate actions prioritize creating long-term value for shareholders. "And safeguarding the best interests of driver-partners, MSME partners, customers, and all stakeholders," he said.
On the other hand, Koesoemohadiani stated that his company welcomes the government's plan to strengthen the national digital ecosystem. He stated that GoTo remains committed to supporting and complying with government policies and regulations that are efficient, fair, and sustainable for all stakeholders.
"This includes driver-partners, micro, small, and medium enterprises (MSMEs), and consumers throughout Indonesia. GoTo is committed to continuously supporting government directives and policies," he said.
Minister of State Secretary Prasetyo Hadi previously confirmed the planned merger of GoTo and Grab. Prasetyo stated that the merger discussion was part of a broader discussion regarding the draft presidential regulation (Perpres) regarding online motorcycle taxis.
According to him, Danantara will be involved in the process of merging the two companies. "That's roughly it (Danantara is involved)," he said, as quoted by Antara.
Prasetyo explained that the planned merger of the two companies is still in the process of formulating a solution, which could take the form of a merger or acquisition. "Yes, we're still looking for a scheme," he said.
Prasetyo added that this process is related to the government's efforts to find common ground between the interests of driver-partners and app providers, including regarding service tariffs. He emphasized that the focus of these discussions is to ensure the sustainability of the online transportation ecosystem, which has played a significant role in driving the people's economy.
"After all, this company is a service that creates jobs, and our partners are quite large in number, and now we realize that online motorcycle taxis are economic heroes, driving the economy. So, the main goal is to achieve that," Prasetyo said.
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