Indonesian unicorn Traveloka claims to have turned profitable in end-2020

Indonesian travel unicorn Traveloka said on Tuesday that it has managed to turn a profit in the midst of the COVID-19 pandemic and is currently finalising its plan to go public.

“In pandemic struck 2020, Traveloka managed to reach profitability at the end of the year while continuously working closely with governments across the Southeast Asian markets in a bid to revive economies,” the company said in a statement.

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