Wego buys stake in Indonesian online travel company
Wego has made a strategic investment in Valadoo, a social commerce travel business that provides its members with a curated selection of unique, discounted travel offers and getaways targeting Indonesia’s growing number of leisure travellers.
Valadoo offers packages and getaways at domestic and selected international destinations, including Raja Ampat Papua, Derawan Kalimantan, Pantai Belitung, Karimun Jawa, as well as Hong Kong and Singapore.
Wego launched a dedicated travel metasearch site in Bahasa Indonesia earlier this year and is rapidly expanding its domestic operations partnering with local travel businesses to enhance its domestic hotel and flight offering and provide more locally relevant deals and packages. Valadoo will join Wego in a new Jakarta office to collaborate on exclusive daily deals, editorial, digital marketing and social programmes.
Co-Founder, Jaka Wiradisuria continues as Chief Executive Officer of Valadoo.com, which will remain independent, while benefitting from the resources and expertise of Wego to help the business scale.