Research

Danantara Should Avoid “GROTO” Merger Role

market-avatar

Algo Research Team

Company | Jun 08, 2025 | Views: 1989

The content provided here is for informational purpose only. It is not an advise or recommendation. Please do your own research.
content-img

Key Summary:

  • Bloomberg reports potential involvement by Danantara
  • GRAB-GOTO merger is expected to become a monopoly
  • Previously, both companies have denied merger speculation

Bloomberg recently reported that Indonesia’s newly established sovereign wealth fund, Danantara, is considering acquiring a minority stake in the combined entity of Grab Holdings (GRAB) and GoTo Group (GOTO).


Allegedly, Danantara has begun preliminary discussions with GOTO—though not yet with GRAB—about playing a role in facilitating the deal to address concerns over foreign control and regulatory scrutiny.

How was our research?

DISCLAIMER: Algo is an independent research platform and is not affiliated with any financial institution. We are not a licensed securities dealer, financial advisor, broker, or investment bank. The contents shared across our website, and social media platforms are intended for informational purposes only and reflect our views and opinions. It is not meant to be construed as financial advice and/or a recommendation to buy or sell an asset. Past performance does not guarantee future results. As a research platform, our contents are made to provide data-driven information and research-based articles, and should not be used as a basis for making any investment decisions. We strongly encourage you to conduct your own research and consult with a licensed financial advisor before making any investment decisions. Algo is not regulated by OJK (Otoritas Jasa Keuangan) and does not provide any investment services. We are not responsible for any financial decisions you make based on the information provided. All content is presented with the intent of informing only.