Thai Siam Commercial Bank unit, Indonesia’s Traveloka terminate JV

Photo: Traveloka’s LinkedIn page

Indonesian unicorn Traveloka has ended its joint venture with SCB 10X, the venture arm of Thai lender Siam Commercial Bank Group, according to the latter’s filing with the Thai stock exchange on Monday.

The joint venture company, TREX Ventures, is now under a liquidation process, the filing said.

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