Traveloka operates in Indonesia, Singapore, Malaysia, Thailand, Vietnam, the Philippines, Australia, Japan, and South Korea. It has surpassed 140 million app downloads and is frequently cited as one of the most popular travel apps in the region (ranked #1 in cumulative downloads among travel booking apps from 2014–2025 by Sensor Tower).
The following is the leaked document. PwC’s price estimate for Traveloka is $200–$580. Even going by what a former senior private-equity investment analyst at JPMorgan said today, a conservative estimate still puts it at $80 — that’s at least a 30x upside from here.