Indonesia: Traveloka raises $500m from Expedia, East Ventures, JD, others

Indonesia’s largest online travel company Traveloka has raised $500 million in two rounds of funding from American travel firm Expedia, China’s, East Ventures, Hillhouse Capital Group, and Sequoia Capital. Expedia provided $350 million while the others supplied the remaining $150 million in a separate round.

The deal values Traveloka at around $2 billion, according to an executive familiar with the development and affiliated with the company, who did not wish to be named.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter