AppsFlyer’s research shows that digital-based travel services (Online Travel Agent or OTA) have been affected by the pandemic. However, startups in this sector are forecast to recover in this year’s Ramadan. The company noted that ...
Unicorn Traveloka announced an agreement with venture capital from Thailand, SCB 10X, to form a joint venture company called Trex Ventures. Both will develop financial products. SCB 10X is a subsidiary of the third-largest bank ...
Indonesian jumbo startups such as Gojek, Tokopedia, Traveloka, and Bukalapak are ready to offer their IPO. Meanwhile, other startup companies have started to carry out mergers and acquisitions. Bizzy Digital was acquired by Warung Pintar ...
Unicorn Traveloka plans to expand its financial technology (fintech) services to Thailand and Vietnam. This jumbo startup is also reviewing investment in banks in Indonesia. The plan is for expansion to the two countries before ...
Startup provider of customer loyalty and marketing programs, Member.id, announced that it has won Series A funding of USD 1.1 million or around IDR 15.4 billion. This funding round is led by venture capital firm ...
Unicorn Indonesia, Traveloka plans to offer its initial shares, aka IPO, on the stock exchange of the United States (US) this year. This travel service provider startup or an online travel agent (OTA) is also ...
The startup business that provides tourism services, aka online travel agent (OTA), has been hit by the corona pandemic. However, the trend of traveling near home or staycation is driving up transactions on the Traveloka, ...
The Covid-19 Handling Task Force has tightened travel requirements for Christmas and New Year. As a result of this policy, requests for refunds on the Traveloka and Tiket.com applications have also increased. In the new ...
An e-commerce startup, Tokopedia is considering an initial public offering or IPO through a special purpose acquisition company (SPAC). Another Indonesian unicorn, Traveloka is reviewing a similar option. President of Traveloka Henry Hendrawan said that ...
A Singaporean investment company, Temasek Holdings, noted that funding to Southeast Asian unicorns has continued to decline since last year. Startups with a jumbo valuation are also encouraged to record profits. There are at least ...
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