--- title: "GoTo’s Gojek unit will report 2026 adjusted EBITDA below its Rp1.4 trillion guidance floor." description: "Presidential Regulation 27/2026 imposed an 8% cap on driver commissions, with further rules for food and parcel delivery due by 31 December. So far, the cap applies only to motorbike rides, which acco" url: "https://bilby.ai/predictions/p/158/goto-s-gojek-unit-will-report-2026-adjusted-ebitda-below-its-rp1-4-trillion-guid" markdown: "https://bilby.ai/predictions/p/158/goto-s-gojek-unit-will-report-2026-adjusted-ebitda-below-its-rp1-4-trillion-guid.md" index: "https://bilby.ai/llms.txt" --- > For agents: Bilby answers questions about what governments do, from documents collected at source and checked by research analysts. To ask Bilby yourself, connect to its MCP server at https://pulse.bilby.ai/mcp (setup: https://docs.bilby.ai/developers/mcp-server). Every page on this site is also markdown: add .md to its address, or send Accept: text/markdown. https://bilby.ai/llms.txt lists them all. # GoTo’s Gojek unit will report 2026 adjusted EBITDA below its Rp1.4 trillion guidance floor. - **Made:** 9 Oct 2026 - **By:** Owen Bae - **Market:** Indonesia - **Outcome:** Unresolved Presidential Regulation 27/2026 imposed an 8% cap on driver commissions, with further rules for food and parcel delivery due by 31 December. So far, the cap applies only to motorbike rides, which account for just 7% of GoTo’s revenue. Yet this alone prompted GoTo to cut Gojek’s profit guidance by Rp300 billion. Ride-hailing and delivery together account for roughly 63% of GoTo’s revenue, so extending the cap to delivery would put further pressure towards GoTo’s main earnings pot. GoTo is particularly vulnerable because it relies heavily on Indonesia, while rival Grab operates across several countries and recently posted a US$235 million quarterly profit. Grab can therefore keep funding discounts as Gojek loses margins to drivers and market share to competitors. Mounting pressure on Gojek’s profitability could revive merger talks with Grab in 2027 – this time with GoTo negotiating from a weaker position. [Ask Bilby about this prediction](https://pulse.bilby.ai/?prompt=GoTo%E2%80%99s%20Gojek%20unit%20will%20report%202026%20adjusted%20EBITDA%20below%20its%20Rp1.4%20trillion%20guidance%20floor.) ## Ask Bilby about it Carry the prediction into a question: what has changed since, who decides, and who is exposed. - [What has changed since it was made?](https://pulse.bilby.ai/?prompt=What%20has%20changed%20since%20Bilby%20predicted%20this%3F%20GoTo%E2%80%99s%20Gojek%20unit%20will%20report%202026%20adjusted%20EBITDA%20below%20its%20Rp1.4%20trillion%20guidance%20floor.) - [Who decides whether it happens?](https://pulse.bilby.ai/?prompt=Who%20decides%20whether%20this%20happens%3F%20GoTo%E2%80%99s%20Gojek%20unit%20will%20report%202026%20adjusted%20EBITDA%20below%20its%20Rp1.4%20trillion%20guidance%20floor.) - [Who gains and who loses if it does?](https://pulse.bilby.ai/?prompt=Who%20gains%20and%20who%20loses%20if%20this%20happens%3F%20GoTo%E2%80%99s%20Gojek%20unit%20will%20report%202026%20adjusted%20EBITDA%20below%20its%20Rp1.4%20trillion%20guidance%20floor.) ## More from Indonesia 29 predictions on Indonesia so far, newest first. - 3 Nov 2026 · [ANTAM’s nickel operating profit will reach at least Rp15 trillion (US$830 million) in 2027.](https://bilby.ai/predictions/p/200/antam-s-nickel-operating-profit-will-reach-at-least-rp15-trillion-us-830-million) · Unresolved - 28 Oct 2026 · [Jakarta’s reform plan is unlikely to reverse MSCI to move Indonesia to Standalone Market status by 30 June 2027.](https://bilby.ai/predictions/p/191/jakarta-s-reform-plan-is-unlikely-to-reverse-msci-to-move-indonesia-to-standalon) · Unresolved - 20 Oct 2026 · [MSCI will confirm Indonesia’s downgrade from Emerging Market to Standalone Market status by 30 June 2027.](https://bilby.ai/predictions/p/173/msci-will-confirm-indonesia-s-downgrade-from-emerging-market-to-standalone-marke) · Unresolved [All 29 from Indonesia](https://bilby.ai/predictions/log?tag=indonesia) · Marked true or false when each resolves ## See what we’re seeing next. New predictions in the Asia Daily Take, free every weekday, and in Bilby whenever you have a question. [Get the Asia Daily Take](https://bilby.ai/asia#asia-daily-take) · [Try Bilby](https://pulse.bilby.ai/sign-up)