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Indonesia s Traveloka explores options after SPAC merger plan falls through

Indonesia s Traveloka explores options after SPAC merger plan falls through
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

Editor s take: The Week That Was — Aug 2-7

Editor s take: The Week That Was — Aug 2-7
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

EasyJet s New Air-Rail Deal and 11 Other Top Travel Stories This Week

Traveloka said to be exploring US listing via SPAC deal, looks to raise $400m

Traveloka said to be exploring US listing via SPAC deal, looks to raise $400m August 4, 2021 Indonesian unicorn Traveloka is looking at raising up to $400 million in a US listing through a special purpose acquisition company (SPAC) backed by billionaires Richard Li and Peter Thiel, Bloomberg reported, citing sources privy to the matter. DealStreetAsia sources confirmed in April that Traveloka was in advanced talks with Bridgetown Holdings, the first of the three SPACs formed by Thiel Capital and Pacific Century. The SPAC raised $595 million in a US IPO in October last year, making it the biggest blank cheque company focused on Southeast Asia.

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