Indonesia's Traveloka Reportedly Seeking $400 Million for SPAC Deal to Go Public

Matthew Parsons

August 3rd, 2021 at 8:25 AM EDT

Photo Credit: Traveloka headquarters in Jakarta, Indonesia. Traveloka

Skift Take

PayPal co-founder Peter Thiel and Hong Kong investor Richard Li are emerging as frontrunners with their Bridgetown Holdings venture to help this fast-growing travel startup finally list.

Traveloka is planning to raise between $200 million and $400 million from investors, as part of a plan to go public through merging with a special purpose acquisition company, according to Bloomberg. The fundraising, a private investment

Online Travel coverage is exclusive for Skift Pro subscribers.

Subscribe for full access to all Skift coverage for as low as $50 a month.
See the latest online travel headlines.

BEST VALUE

BILLED ANNUALLY

$395 per year

BILLED MONTHLY

$50 per month

($600/year)

CONTINUE

Already a subscriber? Login

Skift Take

Share

Online Travel coverage is exclusive for Skift Pro subscribers.

BILLED ANNUALLY

BILLED MONTHLY