Indonesian Travel Startup Seeks to Raise Funds Valuing Company at $4.5 Billion

  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Traveloka, one of Southeast Asia’s largest online travel companies, is looking to raise $500 million in its latest funding round

Traveloka, one of the largest online travel companies in Southeast Asia, is in talks to raise fresh funds that could value the Indonesian startup at as much as $4.5 billion, according to people familiar with the matter.

Traveloka, which counts global travel company Expedia Group Inc., Chinese e-commerce giant JD.com Inc. and venture-capital firm Sequoia Capital among its investors, is looking to raise $500 million in its latest funding round, the people said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Only one person to call... yep! That's right! The Real JT! Traveloka JohnTravolta VinnieBarbarino LetsDance 🕺

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines