The investment increased the Southeast Asian tourism booking platform's funding to $500m over the past year, JD.com also having provided funding.
Online travel services provider Expedia has invested $350m in Indonesia-based travel and accommodation booking platform Traveloka, taking its funding to $500m in the past year, the companies announced yesterday.
The $500m total consisted of two rounds, and the rest of the funding was supplied by e-commerce firm JD.com, hedge fund manager Hillhouse Capital and venture capital firms East Ventures and Sequoia Capital. Traveloka had not previously disclosed the other capital.
Founded in 2012, Traveloka provides travel booking services for customers…
