07:38 AM EDT, 06/09/2025 (MT Newswires) -- Grab Holdings ( GRAB ) said Monday in a regulatory filing that it is not involved in "any discussions at this time" with Indonesia's GoTo about a potential transaction, refuting earlier media reports.

"We will continue to maintain a high hurdle rate when deploying our capital, and will have a balanced approach to investing for organic, profitable growth, and be highly selective on inorganic opportunities, in line with our capital allocation framework," Grab said in the filing. "Indonesia continues to be an important country in serving our mission as we continue to outserve our Indonesian customers, driver- and merchant-partners."