JD.com and Expedia-backed online travel agency Traveloka has picked up $250m in funding led by an undisclosed investor that could be Qatar Investment Authority.
Traveloka, an Indonesia-based online travel booking platform backed by e-commerce group JD.com and travel services provider Expedia, today raised $250m in equity financing.
The round was led by an undisclosed financial institution that a DealStreetAsia source identified as Qatar Investment Authority, the country’s sovereign wealth fund.
Existing shareholders also contributed to the round, though only EV Growth was named. DealStreetAsia further claimed Singapore’s sovereign wealth fund GIC also took part and the returning backers provided just over $100m between them.
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