GOTO – Shareholder dispute and merger speculation

GOTO – Shareholder dispute and merger speculation SoftBank Group, Provident Capital, Peak XV, and several GoTo Gojek Tokopedia (GOTO) co-founders are reportedly seeking the removal of CEO Patrick Walujo, who has led GOTO since June 2023 and pledged to serve until 2029. A Bloomberg report said shareholders called for an EGSM initially cited for 17 Dec 2025, while GOTO clarified the meeting is set for 25 Nov 2025 as part of good governance. The move reignited speculation of a Grab merger, though GOTO confirmed no decision or agreement has been made regarding any deal with Grab or Danantara. Earlier this year, Grab was said to have pursued merger talks with GOTO before discussions went silent following Danantara’s involvement and rising nationalist pushback online. (Source : Deal Street Asia, Bloomberg, Various Sources)