Nov 12 (Reuters) - Indonesian ride-hailing firm GoTo
said on Wednesday that it has consistently backed
government policies that will benefit driver-partners and
merchants, including those involving mergers or acquisitions.
The statement comes days after a spokesperson for the
Indonesian president said the government was discussing a
possible merger or acquisition involving GoTo and its
ride-hailing and food delivery rival Grab.
"The company... (has) always supported government policies
relating to the improvement of driver-partners and merchant
welfare, including if this is to be achieved through a merger,
acquisition or any other strategic corporate action," GoTo's
corporate secretary R.A Koesoemohadiani said in a statement.
Grab declined to comment on the GoTo announcement.
The Indonesian government considers the ride-hailing
industry an important source of jobs and a vital part of the
economy.
GoTo's Gojek unit alone has partnered with more than 3.1
million riders, and together with Grab, it has dominated the
Indonesian market for several years.
A combined entity would hold a market share of over 91% in
Indonesia, according to data analytics company, Euromonitor
International.
(Reporting by Sameer Manekar in Bengaluru and Yantoultra Ngui;
Writing by Stefanno Sulaiman; Editing by Mrigank Dhaniwala)