Southeast Asia's biggest travel app raises $250 million as lockdowns ease | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Southeast Asia's biggest travel app raises $250 million as lockdowns ease

Singapore

Traveloka, Southeast Asia’s largest online travel app, announced on Tuesday it had raised $250 million to help bolster its operations amid the coronavirus crisis, and as domestic travel starts to pick up in the region of 650 million people. The eight-year-old startup said its funding round was led by a “global financial institution” and included existing investors, such as early backer East Ventures.