The Business Times

GoTo Group

ASEAN Business

M&A always on the radar as bigger players ‘tend to win’: Grab COO Alex Hungate

GoTo and Singapore-based Grab, whose significant shareholder is Uber Technologies, have held on-and-off discussions about a merger for years.
ASEAN Business

No Grab-GoTo merger notification yet, says Singapore competition watchdog

GoTo’s Gojek unit alone has partnered with more than 3.1 million riders.
ASEAN Business

Indonesia government backs planned merger of Grab and GoTo: sources

Danantara had started preliminary discussions with GoTo to acquire a minority stake in a combined entity.
ASEAN Business

GoTo shares jump to three-month high on report Danantara to be involved in Grab merger

GoTo’s Gojek unit alone has more than 3.1 million online riders in Indonesia, and GoTo and Grab have dominated the country's market for years.
Companies & Markets

Indonesia discussing plan for merger of Grab and GoTo: official

The GoTo Gojek Tokopedia head office in Jakarta, Indonesia, on Monday, March 18, 2024. Photographer: Dimas Ardian/Bloomberg
ASEAN Business

Indonesia’s GoTo raises earnings guidance as financial services keep powering its growth

GoTo has been making strides in its effort to cut costs and prove to investors it can make money.
ASEAN Business

GoTo nears net income as cost cuts, fintech bet gather steam

The firm’s digital wallet and lending unit sees revenue jump by 90 per cent year on year this quarter, with monthly transacting users rising to more than 20 million.
ASEAN Business

GoTo shares are tipped for rebound after US$2.2 billion sell-off

FILE PHOTO: A Grab logo is pictured at a trade Show in Singapore, March 21, 2019. REUTERS/Anshuman Daga/File Photo
Transport & Logistics

Grab-GoTo merger talks face Indonesian regulatory hurdles: sources

Exterior facade of the building housing sovereign wealth fund, known as Daya Anagata Nusantara or Danantara, in Jakarta on February 24, 2025, which was earlier launched by Indonesian President Prabowo Subianto. Indonesian President Prabowo Subianto on February 24, 2025 launched a new sovereign wealth fund set to be the biggest in Southeast Asia's largest economy and give the ex-general greater control of the country's coffers. He wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy status, despite expert concern about its governance. (Photo by Bay ISMOYO / AFP)
ASEAN Business

Grab, GoTo deny merger discussions but speculation fuels fears over foreign control, state involvement

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More