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Indonesia's GoTo says no agreement with on any merger 

Indonesia's GoTo says no agreement with on any merger

Pt Goto Gojek Tokopedia TbkApril 29, 20254
Indonesia's GoTo says no agreement with on any merger 

About this update from Pt Goto Gojek Tokopedia Tbk

The chief of Indonesia's GoTo Gojek Tokopedia IDX:GOTO said on Tuesday there was no agreement between the company and any party towards entering into any merger.Patrick Walujo was responding to a question during a call with investors on whether the company would merge with with Grab NASDAQ:GRAB and reiterated a statement made in February.The merger talks between GoTo and Grab, which is backed by Uber NYSE:UBER, have been on-and-off, with no deal yet, due mainly to competition concerns over the two major Southeast Asian players merging. GoTo operates the ride-hailing and food delivery platform Gojek.

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