Ethan Lin News Today

Nvidia earnings report boosts chipmakers; mortgage rates rise; Boeing 737 Max lead leaves company; EV maker Rivian announces layoffs; Biden to forgive more student loans.

Hong Kong-based travel superapp Klook is harnessing influencer marketing and generative AI to tap into the wanderlust of social media-savvy adults and Southeast Asia’s rising middle class.

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Pan-Asian travel and leisure booking platform Klook announced on Thursday that it completed an eighth financing round worth US$210 million to support business growth and financial stability.

The online travel start-up, which became a unicorn in 2018, says it will use the newly raised capital to expand product offerings and boost AI adoption.

Klook has successfully completed a $210 million financing, supporting business growth and fortifying its financial stability.

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

The travel recovery bodes well for Klook, as it booked an annual gross booking value of $3 million in 2023, which was up threefold from 2019.

/PRNewswire/ -- Klook, Asias leading platform for experiences and travel services, announces that it has successfully completed a US$210 million financing,...

Klook founders Ethan Lin and Eric Gnoch Fah look at what’s next for the nine-year-old travel booking platform.