The round could value travel and holiday services platform Traveloka at $4.5bn and would come after earlier investment from the likes of JD.com and Expedia.

Traveloka, the Singapore-based online travel booking platform developer backed by travel services provider Expedia and e-commerce group JD.com, is in discussions with investors to raise $500m, the Wall Street Journal reported today.

The prospective round would value the company at $4.5bn, according to people familiar with the matter. It is expected to close in the next two months, with the cash to support international growth.

Founded in 2012, Traveloka operates an online platform that enables users to book flights, bus…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.