Traveloka to launch fintech services in Thailand, Vietnam before 2021 listing via SPAC

Traveloka to launch fintech services in Thailand, Vietnam before 2021 listing via SPAC

Employees of Traveloka are seen working at the company's headquarters in Jakarta, Indonesia. Photo: Reuters

Traveloka, Southeast Asia’s largest online travel startup, plans to launch financial services in Thailand and Vietnam as it eyes a U.S. listing through a blank-cheque company, its president said.

The 9-year-old Indonesian company, which counts Expedia and China’s JD.com among its backers, is seeing a strong rebound in its business after the COVID-19 pandemic pummelled demand.

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