Traveloka, Indonesia’s travel startup turned super app, is taking a further step into the buy now, pay later (BNPL) arena. The company on Monday (Sept. 20) announced the launch of its PayLater “Virtual Card Number,” which allows customers to use BNPL on eCommerce platforms outside...
Traveloka is getting closer to going public through a special purposes acquisition company (SPAC) that could value the Indonesian online travel startup at $5 billion, Bloomberg reported on Friday (April 9). According to Bloomberg News, Traveloka is in “advanced talks” on the deal, which would...
Online travel startup Traveloka is aiming to launch a “blank-check” company with a listing in the U.S. this year. Ferry Unardi, the Indonesian company’s CEO, told Bloomberg Television that the plan was to raise funds through that special purpose acquisition company (SPAC). Using a “SPAC...
The stock market swings can be confusing. Public (retail) investors have been, generally speaking, bidding up shares, seemingly shrugging off the lingering impacts of economic headwinds and the pandemic. A series of anecdotes do not necessarily make a trend. Recent down rounds may spotlight the...
January 05, 2022
Car marketplace Carro, a subsidiary of food delivery platform Grab, is among several companies slated to participate in a 4.8-trillion-rupiah (about $334 million) rights issue by Indonesian digital lender Allo Bank, Reuters reported Wednesday (Jan. 5). eCommerce firm Bukalapak.com, conglomerate Salim Group, online travel startup Traveloka and Growtheum Capital Partners are also joining, according to […]
September 20, 2021
Traveloka, Indonesia’s travel startup turned super app, is taking a further step into the buy now, pay later (BNPL) arena. The company on Monday (Sept. 20) announced the launch of...
April 09, 2021
Traveloka is getting closer to going public through a special purposes acquisition company (SPAC) that could value the Indonesian online travel startup at $5 billion, Bloomberg reported on Friday (April...
February 16, 2021
Online travel startup Traveloka is aiming to launch a “blank-check” company with a listing in the U.S. this year. Ferry Unardi, the Indonesian company’s CEO, told Bloomberg Television that the...
