We were informed that a number of Valadoo’s shares been taken over by Wego. This news has been confirmed by the person who knows about Valadoo’s stock purchasing by Wego.
Although we didn’t catch the information on the amount of shares purchased but we did receive an information that the process of collaboration that occurs is similar to the concept of incubation: Valadoo will share an office with Wego. Jaka Wiradisuria, founder and CEO of Valadoo, a couple of days ago had posted on his Twitter account about the company status change, although there is no additional information that did it refer to Valadoo but it did indicate a change inside Valadoo.
By the end of last year, Wego officially released a dedicated site for Indonesian users. The travel market here seems to be one of the focuses of Wego’s business development. On the other hand, Valadoo is pretty active in giving out travel related promotion deals and it has its own travel blog called Jelajah.
Indonesia travel market is quite a sexy target of business development. There are many new companies that already or is about to emerge, the newest one is PegiPegi and there’s Tiket.com which also targets the travel segment and some time ago has officially launched its service. There’s also Flamingo which still waiting to be released.
I think that the agreement between Wego and Valadoo will also help Valadoo’s business development or we may be seeing an integration of its service with Wego. Well, let’s wait for more development that according to information, the press release will soon be circulated.
