IndexCompany
GoTo
12 CÈ pieces since 21 June 2026: 2 deals, 1 intel item, 9 essays. Newest first.All companies →
Picked one vendor and moved fast? Nadiem Makarim did too, and a court just gave him nine years
This column bets Indonesia's Supreme Court upholds Nadiem Makarim's core conviction on cassation review within the year, trimming the sentence again without erasing the verdict, because two lower courts have now read the same procurement file the same way, and cassation corrects law, not fact.
Gojek routes GoTaxi bookings onto ComfortDelGro's Zig fleet in Singapore
GoTaxi requests can now be matched to Zig's roughly 7,600 metered taxis, the city's largest such fleet, widening an arrangement that previously covered only selected GoCar bookings.
Buying at 23 rupiah while the market pays 50: Morgan Stanley crosses 5% of GoTo
The bank lifted its voting stake from 4.83% to 5.16% across two purchases totalling 87.3 billion rupiah ($4.91 million), as GoTo faces index removal and a proposed 8% cap on ride-hailing commissions.
Indonesia will set food and courier delivery fees by decree in September.
Perpres 27/2026 took the ojol commission from 20 percent to 8 on 1 July. The regulation due in September prices delivery, turns seven million drivers into MSMEs, and splits enforcement between two ministries.
Sovereign AI in Southeast Asia (running on Hangzhou’s open weights)
Google says close to seven in ten Southeast Asian prompts now arrive in a local language, and the region has its own models to match; read the model cards and the sovereign part turns out to be the last layer.
Why SEA founders are building their own models (a worse one that answers beats a better one that can be switched off)
Indosat and GoTo just shipped Sahabat-AI, a small open model built for Bahasa Indonesia. The reason has less to do with performance than with who can switch the rented alternative off.
Indonesia sentenced Gojek’s co-founder to ten years over a laptop procurement
On 30 June a Jakarta court sent Nadiem Makarim to prison for ten years without finding he took a cent, and the part every Southeast Asian founder should study is how a lawful call became a crime.
Indonesia capped ride-hailing commission at 8 percent. Founders got no vote.
The inner citadel, and the Labour Day speech in Jakarta that repriced a founder’s business between one morning and the next.
The commission cap barely dents Grab’s revenue. The market still cut it a third.
Days after Indonesia’s 8 percent cap took effect, Barclays cut Grab’s target to $5 from $7 and Uber’s Dara Khosrowshahi left its board; the number that moved was a belief about who sets the take rate.
Two of the region’s biggest tech firms just had their margin set by a president
From 1 July, Grab and Gojek take 8 percent of an ojek fare instead of 20, because Prabowo asked them to in a room they could not say no in. The lesson for everyone whose model is a cut of someone else’s transaction is the same.
Money20/20 finds Southeast Asia the top fintech expansion target for 2026
Nearly 23 percent of senior fintech leaders name Southeast Asia their primary expansion focus, with growth led by bank-fintech partnerships like Grab Financial with Kasikornbank and GoTo with Bank Jago rather than outright disruption.
Two apps, one landlord (the merger might even help you, briefly)
Grab’s roughly US$7 billion move on GoTo is being read as a stock story and an antitrust story. For the merchant on the platform, it is a story about who owns the channel.