Traveloka prepares to list via SPAC in the US this year

Indonesian travel giant Traveloka is planning to publicly list in the US this year through a special purpose acquisition company (SPAC), said a Bloomberg report quoting its CEO Ferry Unardi. “A SPAC is very efficient and if we can do it faster we can then focus on execution and growing the company,” Unardi noted. The Jakarta-based startup […] The post Traveloka prepares to list via SPAC in the US this year appeared first on e27.