Travel Activity Booking Platform Klook Raises $200M in Series D Funding  

(From left to right) David Liu, Chief Product Officer; Bernie Xiong, Chief Technology Officer and Co-Founder; Anita Ngai, Chief Revenue Officer; Eric Gnock Fah, Chief Operating Officer and Co-Founder; Ethan Lin, Chief Executive Officer and Co-Founder (PRNewsfoto/Klook)

Klook, a Hong Kong-based travel activity booking platform, raised $200m in Series D funding.

Backers included Sequoia China, TCV, Matrix Partners, Goldman Sachs, Boyu Capital, and an Asia-based sovereign wealth fund and family offices. This new round brings Klook’s total financing raised to date to $300m.

Founded in 2014 by Ethan Lin, Eric Gnock Fah and Bernie Xiong, Klook provides people with a website or app to book such experiences as attractions, food, activities or local transportation.
The platform currently offers more than 50,000 activities and services through 5,000 industry partners at 200+ destinations worldwide. Travellers can pay in their home currency and receive tickets on their phones.
Klook has also announced that it has now had $1 billion in gross bookings in 2018 alone.

The new financing will allow the company to launch its in-destination travel services booking platform in the US and Europe, with its expanded offices in London and Amsterdam, and its future offices in the US.

FinSMEs

07/08/2018

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