Klook nets US$30 million funds to boost expansion, services

Tour, activity and attraction booking platform Klook has raised US$30 million in Series B funding led by Sequoia Capital China, which will enable the Hong Kong-based company to expand its in-destination services and step up its global expansion efforts.

Existing investors including Matrix Partners and ex-Tencent executive-backed Welight Capital also participated in the follow-on investments.

Klook

“After seeing great results in our newly launched local transfer & wifi vertical, we are enthusiastically diving deeper into the in-destination ecosystem to offer a wider array of services,” said Eric Gnock Fah, COO & co-founder of Klook.

Besides building a bigger portfolio of experiences and services, Klook will broaden its scope of operations beyond Asia to growing demand of Asian travellers for mid and longhaul travel, the company said in a statement.

It will also develop a collection of travel videos, from original content to exploring new formats like 360 or VR videos.

Since its establishment in 2014, Klook has developed into a team of over 200 staffers based in eight offices across Asia. It covers over 80 popular destinations in Asia and beyond, providing more than 10,000 attractions, tours, and activities.

Sponsored Post