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

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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.

 

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