Klook Hires Bankers for U.S. IPO: Report
Photo Credit: Eric Gnock Fah, President and Co-Founder of Klook, speaking on-stage at Skift Global Forum 2024 in New York. Skift
Skift Take
It has taken nearly a decade and hundreds of millions of dollars for Klook to reach profitability. Now, the real test will be whether it can convince investors that its growth story is worth buying into.
Travel experiences platform Klook has hired investment banks to pursue an IPO in the U.S., according to Reuters. The Hong Kong-based company has hired Goldman Sachs, Morgan Stanley, and JPMorgan to handle the offering, which could raise about $500 million.
The listing could come later this year, though the exact timing and deal size will depend on market conditions.
When Skift asked the company last month about its listing plans, Klook responded: “We don't comment on market rumors and speculation.”
Klook was founded in 2014 as a site to book activities such as tours, amusement park tickets, and day trips. It now works with th
