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Shareholders will vote on the resignation at an extraordinary meeting on October 14.

The move adds pressure on the Indonesian tech group, which operates ride-hailing, ecommerce, and financial services.

The Jakarta High Court on August 5 approved Makarim’s request to call five additional witnesses in his appeal over the Chromebook procurement case.

Tencent Cloud said more than 150 Indonesian enterprise leaders, technology executives, and partners attended the event.

The move follows a presidential regulation that capped platform commissions at 8% and set a minimum 92% income share for drivers.

Grab said it would continue working with the Indonesian government and partners.

GoTo said it will follow exchange disclosure rules, while shareholding reports for stakes of 1% to 5% remain private under IDX.

The decree states that ride-hailing platforms could only take 8% of fees paid by passengers, while its drivers would receive the remaining 92%.

Nadiem Makarim, who became education minister in 2019, has consistently denied any wrongdoing. Here’s why the case matters to the tech world.

GoTo’s annual transacting users increased 22% to 69 million in the latest quarter.