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

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.