OFFICIAL: Wego Made Strategic Investment in Travel Site Valadoo

We've raised this news earlier, saying number of Valadoo's shares has been taken over by Asia Pacific's leading travel metasearch company, Wego. Now the news has been fully confirmed. According to the press release, Wego has made strategic investment in travel site Valadoo, with Wego's co-founders Ross Veitch and Craig Hewett both joining Valadoo's board of commissioners. Graham Hills, Managing Director of Wego Indonesia is also becoming member of Valadoo's board of directors. Valadoo CEO, Jaka Wiradisuria will continue his post. The amount of investment is not disclosed.

With this investment, Valadoo will join Wego office in Jakarta and collaborating exclusive deals, editorial, digital marketing, and social programs. It's a synergy on how traveling being planned and how the plan is being easily discovered. A Win-win for both side and also a nice solution for travelers craving for exciting local packages and getaways.

Wiradisuria commented that he sees this partnership as a significant development for Indonesia tourism industry as it will help open up more tourism options for both domestic and international travellers to expore Indonesia.

Hills, in other hand, praised that Valadoo recognized early the demand among urban Indonesians to explore and enjoy domestic travel. He believed that Valadoo has great proposition (for this matters) and talented team. In contrary to business model of Tiket.com or PegiPegi, Valadoo focuses more on traveling experience, like diving and rafting activities.

Packages from Valadoo will be added to Wego's Deals page. Currently Wego serves over 350,000 accommodation options and 600 full services and low-cost carriers globally.