Traveloka said to seek $500m in fresh funding at $4.5b valuation: Report

Indonesian unicorn Traveloka is looking to raise $500 million in fresh funding that could value the company at as much as $4.5 billion, per an article in the Wall Street Journal.

The investment, which will be used to fuel Traveloka’s expansion in the region, could close within the next two months, the report further added.

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