PT GoTo Gojek Tokopedia Tbk (GOTO) has officially acknowledged that the Indonesian government, through the Daya Anagata Nusantara Investment Management Agency (Danantara), has become a shareholder in the company. While the investment is currently modest, it marks a significant development for the tech giant.
R.A. Koesoemohadiani, Director and Corporate Secretary of GoTo, confirmed that Danantara has been acquiring GOTO shares through the stock exchange, currently holding a stake of less than 1% of the total outstanding shares. “The company welcomes this investment, much like we do with all our stakeholders. It serves as a reflection of the continued confidence in our business fundamentals, performance, and long-term prospects,” Koesoemohadiani stated in a regulatory filing with the Indonesia Stock Exchange (IDX) on Tuesday (5/5).
She added that the government’s involvement via Danantara serves as a positive catalyst for GoTo to continue operating sustainably. The company remains committed to maintaining professional standards and upholding robust corporate governance practices.
Addressing New Regulatory Developments
Beyond the investment news, GoTo management addressed the recent issuance of Presidential Regulation (Perpres) Number 27 of 2026, which focuses on the protection of transport workers. The regulation notably proposes a cap on commission fees charged by ride-hailing platforms (ojek online), limiting them to a maximum of 8%, a significant reduction from the current rate of approximately 20%.
Koesoemohadiani emphasized that the company is committed to complying with all government regulations. However, she noted that GoTo has not yet received an official copy of the presidential decree. The company is currently awaiting the full details of the regulation before conducting a comprehensive review of its implications.
“We are committed to adhering to all applicable laws and following government directives. We will continue to coordinate with the government and stakeholders to ensure that the group continues to provide sustainable benefits to the community, particularly our driver-partners and Gojek customers,” she said.
Government’s Long-Term Strategy
Danantara CEO Rosan Perkasa Roeslani hinted that this is only the beginning. He confirmed that the government intends to increase its stake in the ride-hailing firm gradually. While Roeslani declined to disclose the specific percentage of Danantara’s current holdings or define a target for the future, he reiterated the government’s intent during a meeting at the Coordinating Ministry for Economic Affairs in Central Jakarta.
According to current IDX transparency requirements, companies are only obligated to disclose shareholders who hold more than 1% of the company’s stock. Consequently, Danantara does not yet appear on the list of major shareholders. The current top shareholders of GOTO include SVF GT Subco (Singapore) PTE.LTD.IB at 7.65%, followed by Taobao China Holding Limited at 7.43%, while PT GOTO Gojek Tokopedia Tbk itself holds a 3.14% stake.
Related News:
- National Police Reform Commission Submits 6 Recommendations to President Prabowo
- Financing Key to Accelerating 100 GW Solar Energy via Green Waqf Sukuk
- BSI (BRIS) General Meeting of Shareholders Appoints New Commissioner and Approves IDR 1.51 Trillion Dividend
Summary
PT GoTo Gojek Tokopedia Tbk (GOTO) has confirmed that the Indonesian government, through the Daya Anagata Nusantara Investment Management Agency (Danantara), has acquired a stake in the company. Although current holdings represent less than 1% of total outstanding shares, Danantara plans to increase its position in the firm gradually. GoTo management views this investment as a positive endorsement of the company’s business fundamentals and long-term potential.
Furthermore, the company is preparing to address new regulations regarding transport worker protections, specifically a proposed cap on ride-hailing commission fees. While GoTo awaits official details of the presidential decree, management has expressed a commitment to regulatory compliance and ongoing coordination with government stakeholders. The firm continues to prioritize sustainable operations while balancing the interests of its driver-partners and customers.
