Southeast Asia's biggest travel app raises $250 million as lockdowns ease

Singapore Traveloka, Southeast Asia's largest online travel app, announced on Tuesday it had raised $250 million to help bolster its operations amid the coronavirus crisis, and as domestic travel starts to pick up in the region of 650 million people. The eight-year-old startup sa

Editorial Team Legacy

Published 28 July 2020, 8:00 · Updated 21:27

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Southeast Asia's biggest travel app raises $250 million as lockdowns ease

Singapore

Traveloka, Southeast Asia’s largest online travel app, announced on Tuesday it had raised $250 million to help bolster its operations amid the coronavirus crisis, and as domestic travel starts to pick up in the region of 650 million people. The eight-year-old startup said its funding round was led by a “global financial institution” and included existing investors, such as early backer East Ventures.

Southeast Asia's biggest travel app raises $250 million as lockdowns ease

Editorial Team Legacy

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