Klook nets US$30 million funds to boost expansion, services - TTG Asia - Leader in Hotel, Airlines, Tourism and Travel Trade News
 
Friday . April 28 . 2017
         
Follow TTG Asia on Twitter
TTG ASIA this week
TTG Asia ASEAN 50th Anniversary Special Supplement
TTG Asia Luxury
 
Share |
Klook nets US$30 million funds to boost expansion, services
Hong Kong, March 7, 2017
 

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.

 

 

“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.

Print Top Stories
 
 
Editor's pick >
   
In the pink of health

by TTG Asia reporters

Participation overseas takes a beating

by S Puvaneswary

Counting the cost of lost longhaul links

by Feizal Samath

Preserving for posterity

by Rachel AJ Lee

Paying the price at national parks

by Siriarpa Kamjan

 

 

>