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Hong Kong's Klook Closes Investment Round

Hong Kong-based travel booking platform Klook has raised US$30 million in its series B round.

Sequoia Capital, Wecapital Group, Matrix Partners China and China Growth Capital participated in the round. Matrix and China Growth were already investors in the company that specializes in offering travel activities cheaper than local travel agencies at destinations around the world.

Founded in 2014, it claims to currently offer over 10,000 tickets to activities in over 80 destinations. In 2016, over five millions bookings were made by users from around 30 countries.

China Money Network reports that Klook now plans to use the latest proceeds to expand its presence in the global marketplace, enabling travelers to buy tickets for attractions, special activities, WiFi, transportation, food and shopping.

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