(Reuters photo)JAKARTA -- Indonesian travel start-up Traveloka, which has raised nearly $500 million from investors including Expedia Inc and China's JD.com Inc, plans to ramp up its new tourist attraction booking service next year, a senior executive said. Sources said last month that Tencent Holdings Ltd had invested around $100 million to $150 million in ride-hailing start-up Go-Jek. US travel company Expedia, which invested $350 million in Traveloka, said it will work with the Indonesian start-up to grow their global hotel supply. "There is strong interest from investors coming from many different types of region," Mr Hendrawan said. A rebound in commodity prices was also expected to boost travel to and from islands such as Sumatra and Kalimantan, Mr Hendrawan said.

Source: Bangkok Post August 02, 2017 14:15 UTC