RRI.CO.ID, Jakarta - The Indonesian government is shifting its strategy in the digital transportation industry, moving away from costly promotions toward improving driver-partner welfare. State asset fund Danantara Investment Management Agency has entered as an investor in the GoTo Group.

Minister of Investment and Downstreaming, who also serves as Danantara’s CEO, Rosan Roeslani, emphasized that the investment is not merely about acquiring shares but aims to encourage policy changes that benefit online motorcycle taxi (ojol) drivers.

“The welfare of online motorcycle taxi drivers is important. We are working to improve their welfare through BPJS Kesehatan (Healthcare Social Security) and BPJS Ketenagakerjaan (Employment Social Security),” Minister Rosan said at the Presidential Palace Complex in Jakarta on Tuesday, May 5, 2026, as quoted by Antara.

He noted that the policy shift follows President Prabowo Subianto’s directive to end the industry’s “burning cash” practice, where companies spent heavily on promotions. Instead, funds are being directed to driver-partners.

Danantara’s investment in GoTo is being implemented in stages, though the total shareholding has not been disclosed. The government stressed that its focus remains on business sustainability and improving partner welfare.

In addition to social protection and increased bonuses, Minister Rosan said the government is preparing further policies, including a maximum application fee limit of 8 percent, as directed by President Prabowo.

PT GoTo Gojek Tokopedia Tbk welcomed the investment, which management described as a confidence boost and encouragement to strengthen governance and business sustainability.

GoTo Corporate Secretary R.A. Koesoemohadiani revealed in a disclosure to the Indonesia Stock Exchange (IDX) that Danantara Indonesia purchased several shares in the company through the exchange, representing less than one percent of GoTo’s issued shares.

“The company welcomes this investment, as well as investments from other stakeholders, as a reflection of continued confidence in our business fundamentals, performance, and long-term prospects,” Koesoemohadiani said on Tuesday, May 5, 2026.

She added that this trust provides positive momentum for the company to continue operating sustainably, professionally, and with good corporate governance.

GoTo is still awaiting details of new government policies, including Presidential Regulation No. 27/2026 on the protection of online transportation workers. The company confirmed it will comply with all applicable regulations and continue collaborating with the government and stakeholders. ***