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Indonesian Travel Startup Valued at $2 Billion After Expedia Deal

Traveloka Holding Ltd. raised $400 million in a funding round led by Expedia Inc. that conferred a $2 billion valuation on Indonesia’s largest online travel startup, a person familiar with the matter said.

The person asked not to be identified discussing private information. Expedia said it was contributing $350 million to Traveloka’s financing round, a major investment...


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