Klook Completes US$210 Million Funding, Embarks on a New Era of Profitable Growth

By PR Newswire 03 Jul, 2024 3 mins read 15 views

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Klook Completes US$210 Million Funding, Embarks on a New Era of Profitable Growth

Successful funding round led by renowned international investors and regional corporate investment arms
Achieves overall profitability for the first time with 3x top-line growth from pre-COVID levels

SINGAPORE, Dec. 7, 2023 -- Klook, Asia's leading platform for experiences and travel services, announces that it has successfully completed a US$210 million financing, supporting business growth and fortifying financial stability. The equity round is led by Bessemer Venture Partners, with participation from BPEA EQT, Asia investment funds Atinum Investment and Golden Vision Capital, and corporate investment arms from Southeast Asia, including Krungsri Finnovate (under Bank of Ayudhya), Kasikornbank Financial Conglomerate and SMIC SG Holdings. The round also includes bank facilities from Citi, J.P. Morgan, and HSBC.

Klook co-founders from left to right, Eric Gnock Fah, Ethan Lin and Bernie Xiong

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