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Traveloka Drops Strong Signal to Go Public on The New York Stock Exchange
SPAC becomes an option given the efficient process
Randi Eka - 17 February 2021
Traveloka’s plan to go public on the stock exchange is getting obvious. In an interview with Bloomberg, Traveloka’s Co-Founder & CEO Ferry Unardi said, after going through his most difficult period at the beginning of the Covid-19 pandemic, this year is the right time for companies to go public. He believes that the company’s current state is great and the market is quite welcoming.
He said Traveloka’s business model has a clear profit path. Currently, its main business (travel and accommodation) is claimed to be profitable, while continuing to explore other business models, such as fintech. One of Traveloka’s focuses is providing paylater services.

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