GOTO Stock Surge: What’s Driving the Growth?

JAKARTA, investor.id – Shares of PT GoTo Gojek Tokopedia Tbk (GOTO) suddenly jumped in the first trading session Monday (8/12/2025). At around 11.15 WIB, shares of technology issuers were at IDR 70 or a jump of 9.38%.

There have been 9.31 billion GOTO shares traded, a frequency of 57,686 times, and a transaction value of IDR 639.4 billion. GOTO shares are selling well. Based on data on the Stockbit Sekuritas application, GOTO shares recorded net buy IDR 296.9 billion, the highest among stocks net buy other.

GOTO shares suddenly rose after being stagnant twice last week and only turning green once last week.

Previously, the Minister of Investment and Downstreaming/Investment Coordinating Board (BKPM) and CEO of Danantara Indonesia Rosan Roeslani said that the merger process between PT GoTo Gojek Tokopedia Tbk (GoTo) and Grab was still ongoing.

“It’s still ongoing,” said Rosan at the end of November, quoted by Antara.

It is known that Danantara Indonesia said that it was following the government’s direction and input regarding involvement in the merger between PT GoTo Gojek Tokopedia Tbk (GoTo) and Grab.

Danantara receives input from the government who has wishes regarding business continuity in the digital ecosystem.

Danantara emphasized that the most important thing is to focus on the relationship between the two businesses or business-to-business (B2B).

In this case, Danantara will also continue to review the B2B process between GoTo and Grab. Apart from that, Danantara will also support business relations between both parties.

Editor: Theresa Sandra Desfika