T he promise of South-East Asia has long been obvious to venture capitalists. Its young and growing population of 700m is ...

GoTo is 73.90%-owned by foreign investors, including SoftBank Group and Taobao China Holding, a unit of China's Alibaba Group, with the rest owned by Indonesian investors, according to its 2024 ...

But GoTo (No. 266) remains formidable in Indonesia, the region’s largest market—so much so that the rumor mill is spinning with talk of Grab seeking to buy some, or nearly all, of its chief ...

GoTo will be selling off its international unit, two separate sources familiar with the matter said. In Indonesia, GoTo will sell its entire operations except its finance arm to Grab, one of the ...

Though Grab denied a potential transaction with GoTo in its 6-K filing on 9 June 2025, its proposed $1.2bn convertible senior note on 10 June 2025 looks to suggest the opposite.

Grab Holdings Limited GRAB and GoTo Group are reportedly revisiting discussions for a merger, seeking to address longstanding losses caused by fierce competition. The firms, both dominant players ...

Grab, which became publicly traded in 2020 through a merger with a special purpose acquisition company (SPAC), is now valued at $18.28 billion. Meanwhile, GoTo is estimated to be worth 85.85 ...

Feb 13 (Reuters) - Indonesia's GoTo (GOTO.JK), opens new tab, one of Southeast Asia's biggest ride-hailing companies, said on Tuesday that it was not in any discussion with Grab Holdings (GRAB.O ...

Indonesian President Prabowo Subianto ordered ride-hailing firms including GoTo Group and Grab Holdings Ltd. to give holidays bonuses to their drivers as the country nears its biggest annual holiday.

--Grab Holdings is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, Bloomberg reported Tuesday, citing unnamed sources. --The companies have held on-and-off talks ...

Grab is looking to buy GoTo's businesses at around $7 billion, according to a separate source with knowledge of the matter. Jakarta-listed GoTo's shares have climbed 20% year-to-date, giving it a ...