Flooring Guide by Cinvex – JAKARTA — Shares of PT GoTo Gojek Tokopedia Tbk. (GOTO) saw the highest transaction value in trading today, Monday, November 10, 2025, amid rumors of a potential merger between GOTO and Grab.
According to data from the Indonesia Stock Exchange (IDX), the total value of share transactions today reached Rp20.75 trillion. Simultaneously, the total transaction volume was recorded at 43.56 billion shares, with a frequency of 2.6 million transactions.
GOTO’s shares notably had the largest transaction value compared to all other shares traded on the IDX. GOTO’s share transactions amassed a value of Rp952.86 billion, involving 14.34 billion shares.
Consequently, GOTO’s shares closed up 9.84% at a level of Rp67 by the end of trading today. GOTO’s market capitalization was observed at Rp76.42 trillion.
The substantial transaction volume in GOTO’s shares today is closely linked to rumors of a merger with Grab.
As reported by Bisnis, the merger news between GoTo and Grab was revealed by the Presidential Palace on Friday, November 7, 2025. State Secretary Minister Prasetyo Hadi stated that the draft of the Presidential Regulation (Perpres) regarding online motorcycle taxis is currently in the refinement stage with various ministries and institutions.
This regulation will encompass the arrangement of commission sharing for driver-partners, as well as a scheme for the merger of application companies, Grab and GoTo.
Prasetyo mentioned the planned merger between the two companies. “The plan is like that,” he said at the Merdeka Palace, Jakarta, on Friday, November 7, 2025.
He added that the issue is part of a broader discussion regarding online transportation regulations. “Roughly like that [Danantara is involved],” he said when asked about the role of the Danantara Investment Management Agency (BPI).
He also stated that the merger process of the two online motorcycle taxi companies is still in the assessment stage, whether through a merger or acquisition. However, when confirmed about the issue that Grab would be bought by GoTo, Prasetyo gave a short answer and confirmed it.
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Prasetyo reiterated that the study is still ongoing. “Judging from the form, yes. The point is the merger of the two of them, like that,” he concluded.
Besides GOTO, other shares that recorded the largest transaction value today were shares of PT Barito Renewables Energy Tbk. (BREN) worth Rp875.15 billion, PT Chandra Daya Investasi Tbk. (CDIA) Rp765.65 billion, PT Petrosea Tbk. (PTRO) Rp708.59 billion, and PT Bank Central Asia Tbk. (BBCA) Rp688.82 billion.
On this day, the IDX also recorded transactions of PT Mora Telematika Indonesia Tbk. (MORA) shares worth Rp298.04 billion in the non-regular market or in the negotiation market.
Disclaimer: this news is not intended to invite buying or selling shares. Investment decisions are entirely in the hands of the reader. Bisnis.com is not responsible for any losses or profits arising from the reader’s investment decisions.
Summary
Shares of PT GoTo Gojek Tokopedia Tbk. (GOTO) closed up 9.84% at Rp67 on November 10, 2025, recording the highest transaction value on the Indonesia Stock Exchange at Rp952.86 billion. This significant surge is primarily linked to rumors of a potential merger between GOTO and Grab.
State Secretary Minister Prasetyo Hadi confirmed on November 7, 2025, that a draft Presidential Regulation is being refined to encompass a merger scheme for Grab and GoTo. He indicated that the merger plan is underway, with ongoing assessments to determine if it will be a merger or acquisition, potentially involving GoTo acquiring Grab.