Travel booking

Hong Kong travel unicorn targets Japanese market

Ahead of the 2020 Tokyo Olympics, Asia’s largest in-destination travel services booking platform has raised a record follow on Series D funding led by SoftBank Vision Fund.

Hong Kong online travel agency Klook has raised a record follow-on $225 million Series D funding led by SoftBank Vision Fund, as it intends to deepen its investments in Japan.

Other investors in the round for the company, which is now valued at more than $1 billion, include Sequoia Capital China, Matrix Partners China, TCV and OurCrowd.

Founded in 2014, Klook is an online travel agency that offers a local tourism service for 270 destinations globally. Customers just need to type in the destination of the trip and can then book local tour guides online.

Online travel agencies OTA are evolving....

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