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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