Traveloka, Southeast Asia’s largest online travel startup, is looking to financial services to boost profits and could opt for a dual listing in Indonesia and another centre if the group launches an initial public offering (IPO), its president said.
The seven-year-old startup joins other prominent local unicorns such as ride-hailing firm Gojek and e-commerce firm Tokopedia in considering dual listings to stay closer to their home market while also seeking a diverse investor pool.