Klook nets US$30 million funds to boost expansion, services - TTG Asia - Leader in Hotel, Airlines, Tourism and Travel Trade News
 
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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.

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