Reported about 17 hours ago
Klook, the Hong Kong-based travel booking service provider, has engaged banks including Goldman Sachs, Morgan Stanley, and JPMorgan to facilitate a potential initial public offering (IPO) in the U.S. The company aims to raise approximately $500 million, with market conditions influencing the timing and size of the offering. Founded in 2014 and profitable since 2023, Klook competes with major travel booking platforms globally. They recently secured $100 million in funding, further emphasizing their growth in the travel sector.
Source: YAHOO