Travel booking platform Traveloka, which raised $350m from Expedia last year at a $2bn valuation, has reportedly entered talks with unnamed parties to raise a further $400m.
Traveloka, the Indonesia-based travel and accommodation booking platform backed by travel services provider Expedia, has begun discussions to raise $400m in funding, Bloomberg reported today citing people familiar with the matter.
Founded in 2012, Traveloka runs an online platform allowing users in Indonesia, Malaysia, Singapore, Vietnam, the Philippines and Thailand to book flights, trains and buses as well as holiday accommodation, rental cars, activities and restaurants.
The company has partnerships in place with more than 100 airlines and its app…
