Hong Kong-based travel activity booking platform Klook has raised US$225 million in Series D+ funding, coming just eight months after the company announced its US$200 million Series D funding last August.
This represents the largest financing in the global travel activities and services industry, which is led by the SoftBank Vision Fund with participation from existing investors, including Sequoia China, Matrix Partners, TCV and OurCrowd.
With the additional funding, Klook will scale its operations into new geographies and continue its expansion in its existing Asian markets. The company plans to deepen its investments in Japan, deemed one of its most important markets, ahead of the 2020 Summer Olympics in Tokyo, and will expand into additional Japanese cities to better serve both inbound and outbound visitors.
“This latest investment is a true testament to the progress made by the Klook team in building the world’s number one super app for all in-destination needs,” added Eric Gnock Fah, COO and co-founder of Klook.
In just four years since its launch in 2014, Klook has become the most searched travel activities and services company on Google. In the last year, the Hong Kong-based company expanded its global footprint into Australia, Europe and the US, and has also entered into major global partnerships with Shangri-La Hotels and Resorts and Rail Europe.