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Aya Lin · · 1 min readIn brief: Traveloka in talks to raise $500m, sources say
- Southeast Asian online travel company Traveloka is in discussions to raise US$500 million, which could push its valuation to as much as US$4.5 billion, the Wall Street Journal reported, citing people familiar with the matter.
- The Indonesia-based startup plans to use the capital to expand further in the region.
- The funding round could close in the next two months, according to one of the sources.
Editing by Charmaine de Lazo
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