Klook Technology, a pan-Asian online travel booking platform, filed on Monday with the SEC to raise what we estimate could be up to $400 million in an initial public offering.
Klook operates a digital travel experiences platform to connect travelers with local merchants. It features roughly 310,000 offerings across approximately 4,200 destinations, serving about 11 million annual transacting users from more than 200 geographic markets, with 54 million experiences booked in 2024. It integrates real-time inventory, personalized recommendations, and last-mile engagement to connect global merchants with cross-border traveler demand. For the nine months ended September 30, 2025, APAC customers accounted for 83% of revenue.
The Hong Kong-based company was founded in 2014 and booked $541 million in revenue for the 12 months ended September 30, 2025. It plans to list on the NYSE under the symbol KLK. Klook Technology filed confidentially on July 18, 2025. Goldman Sachs (Asia), J.P. Morgan, Morgan Stanley, Citi, Mizuho Securities, RBC Capital Markets, Oppenheimer & Co., and Wedbush Securities are the joint bookrunners on the deal. No pricing terms were disclosed.
