Grab's acquisition of GoTo has been blocked, and it is rumored that the Indonesian government has raised a regulatory red light
Grab's plan to acquire GoTo Group (the parent company of the private car-hailing platform Gojek) in Indonesia has become uncertain and is likely to fall through due to the Indonesian government's review requirements for local control and anti-monopoly, casting a shadow over the prospects of the negotiations that could have created the largest platform merger in Southeast Asia.
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