Indonesian Travel Startup Seeks to Raise Funds Valuing Company at $4.5 Billion
The Wall Street Journal | July 29, 2019
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.