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Traveloka Said in Talks to List via Thiel s Bridgetown SPAC

Traveloka Said in Talks to List via Thiel’s Bridgetown SPAC Bloomberg 4 hrs ago Yoolim Lee and Manuel Baigorri (Bloomberg) Indonesia’s Traveloka is in advanced talks to go public through merging with Bridgetown Holdings Ltd., a blank-check firm backed by billionaires Richard Li and Peter Thiel, according to people familiar with the matter. A deal could value Southeast Asia’s online travel leader at about $5 billion, said the people who asked not to be identified because the matter is private. The potential transaction could also involve raising between $500 million and $750 million through a private investment in public equity, or PIPE, the people said. Details including the amount to be raised could change as the companies start discussions with potential investors, they added.

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No light at the end of the Covid-19 tunnel – Tourism players fear latest upheaval is the end-all for many

Share In quiet splendour . . . Cambodia’s most visited site, Angkor Wat, is expected to receive visitors in the fourth quarter this year. Heng Chivoan ‘No light at the end of the Covid-19 tunnel’ – Tourism players fear latest upheaval is the end-all for many Thu, 8 April 2021 Even as vaccination is progressing in Cambodia and globally, tourism players contemplate their long-term survival with the arrival of a five-year roadmap as the pandemic rages on ‘Our business is on the verge of a collapse. All our savings are gone and we have borrowed from banks, our friends and families. Now, we don’t know what to do!” bemoaned Clais Chenda, who owns two boutique hotels and an elephant sanctuary in northeastern province Ratanakkiri.

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Covid-19 Lockdown Impact On Online Accommodation Booking Market 2021-2027 Growth and Demand, Projected Market Research Store

Covid-19 Lockdown Impact On Online Accommodation Booking Market 2021-2027 Growth and Demand, Projected Market Research Store
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Online Accomodation Booking Market to Eyewitness Huge Growth by 2025 | Airbnb, Tripadvisor, Booking Holdings, Hostelworld

Online Accomodation Booking Market to Eyewitness Huge Growth by 2025 | Airbnb, Tripadvisor, Booking Holdings, Hostelworld
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