Klook Completes US$425M Series D Funding with New Capital Raise led by Softbank Vision Fund

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Klook announced it has raised US$225M in Series D+ funding. This increases the company’s total Series D funding round to US$425M. The SoftBank Vision Fund led the round with participation from existing investors, including Sequoia China, Matrix Partners, TCV, and OurCrowd. This represents the largest financing in the global travel activities and services industry.

In just four years, Klook has become the most searched travel activities and services company on Google. In the last year, the Hong Kong-based company expanded its global footprint into Australia, Europe and the United States to deliver new, unique and exciting consumer experiences. Klook also entered into major global partnerships with Shangri-La Hotels and Resorts, Asia Pacific’s leading luxury hotel group; and Rail Europe, a leading distributor of European rail products that represents more than 50 railroads throughout Europe.

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Hong Kong’s 4 Fintech Unicorns: Download the Newest Whitepaper on Hong Kong’s FinTech Ecosystem Now!

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WHub’s FinTech Whitepaper presents the key findings and facts as well as a comprehensive analysis of the contributing factors in the ecosystem that have solidified Hong Kong’s position as a leading global Financial Hub and its evolution into a competitive FinTech Hub.

Such contributing factors include the strength of its financial sectors, a strong talent pool, Hong Kong’s position as a gateway to regional and Mainland China markets, the regulatory framework, as well as many other variables. Hong Kong has seen extensive activity in its startup ecosystem with an estimated 3,000+ startups.

Specifically, the city now boasts the evolution of 4 homegrown FinTech Unicorns:

  1. AirWallex (raised US$202 million)
  2. BITmex (trading history of over US$34 billion worth of Bitcoin since its launch)
  3. The TNG FinTech Group (raised US$115 million in Series A, the largest series A investment for a FinTech company)
  4. WeLab (raised US$425 million).

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Klook and StartupsHK Offers ‘Welcome to Hong Kong’ Package for RISE Attendees: SIM Cards, WiFi and Airport Express Tickets!

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Next week, Hong Kong will usher in one of the biggest tech conferences for startups, welcoming over 15,000 attendees from 60+ countries all over the world.

Produced by the team behind Web Summit, Europe’s largest conference, RISE brings in speakers from the world’s biggest companies to share their stories and expertise over the course of three days – three days of networking, workshops, talks and mixers, to be exact.

This year, StartupsHK has partnered with Klook to give you an unforgettable and worry-free travel experience with conference packages exclusive to RISE attendees.

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