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Expedia invests $350M in Traveloka to create Southeast Asia’s newest unicorn

Expedia invests 0M in Traveloka to create Southeast Asia’s newest unicorn



 Expedia is deepening its focus on Southeast Asia after it invested $350 million in Traveloka, an online travel portal based out of Indonesia. A source close to the deal confirmed that the investment values Tokopedia at more than $1 billion. That means the startup has joined the likes of Grab, Sea (formerly Garena), Go-Jek and Lazada in the region’s unicorn club. Expedia said it has picked… Read More



Source: techCrunch

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