SoftBank Vision Fund leads Klook’s US$425m Series D funding round

By BizClik Admin

Hong Kong-based travel activities and services booking platform Klook has closed its Series D funding round, led by SoftBank’s US$100bn Vision Fund, with $425mn raised.

Other investors who participated in the round, which Klook claimed in its press release to be the largest financing for a firm of its kind, include: Sequoia China, OurCrowd, TCV and Matrix Partners.

"Our vision is to bring the world closer together by connecting the best of what a destination has to offer with travelers from all over the globe," said Ethan Lin, CEO and Co-Founder of Klook, in the firm’s statement.

Fellow Co-Founder and COO Eric Gnock Fah added: "This latest investment is a true testament to the progress made by the Klook team in building the world's Number 1 Super App for all in-destination needs."


Klook has experienced exciting growth since it was founded in 2014, becoming the most searched travel activities and services booking platform on Google and entering significant partnerships with firms such as Rail Europe and Shangri-La Hotels and Resorts.

The company is now poised to continue its global expansion strategy. Over the past year, Klook has expanded to Australia, Europe, and the US, and it said in its statement that it aims to capitalise on this momentum by continuing to enter new markets.

Highlighting the 2020 Olympics in Tokyo, Klook added that it plans to expand its presence to more Japanese cities and regions whilst simultaneously deepening its investments in local entities.

"We believe Klook is a leader in taking a mobile-first approach to the travel activities and services industry," said Lydia Jett, Partner at SoftBank Investment Advisers, in Klook’s press release. 

"The company has seen great success in scaling its business across different geographies and cultures, and we are excited to help them drive further innovation in the global travel industry."


Featured Articles

Nirvik Singh, COO Grey Group on adding colour to campaigns

Nirvik Singh, Global COO and President International of Grey Group, cultivating culture and utilising AI to enhance rather than replace human creativity

How Longi became the world’s leading solar tech manufacturer

On a mission to accelerate the adoption of sustainable energy solutions, US$30 billion Chinese tech firm Longi is not just selling solar – but using it

How Samsung’s US$5billion sustainability plan is working out

Armed with an ambitious billion-dollar strategy, Samsung is on track to achieve net zero carbon emissions company-wide by 2050 – but challenges persist

UOB: making strides in sustainability across Southeast Asia


Huawei smartwatch goes for gold with Ultimate Edition


How IKEA India plans to double business, triple headcount

Corporate Finance