Taiwan-based travel experience platform KKday has successfully raised $70 million in new financing to support its expansion plans and technological investments.
Founded in 2014, KKday intends to allocate a significant portion of the funds towards mergers and acquisitions (M&A) across the Asia-Pacific (APAC) region to strengthen its market position. The company also plans to invest in artificial intelligence and research initiatives, as well as expand its presence in key APAC markets by recruiting locally.
“This funding round reflects the trust our investors have in KKday’s vision and our ability to revolutionize the travel experience for millions of travelers seeking new and unique experiences,” said Ming Chen, founder and CEO of KKday. “We’re excited to leverage these resources to expand our footprint, invest in cutting-edge technology, and deliver unparalleled travel experiences to a global audience.”
This funding comes as KKday continues to focus on strengthening its position in Japan, particularly in the B2C space. The company has partnered with Jalan, a Japanese accommodation booking platform, to offer users direct access to Japanese accommodations through the KKday app.
KKday previously raised $95 million in Series C+ funding in mid-2022, with the goal of furthering its growth in Asia. The company had already secured $75 million in a Series C round back in 2020.
With this new injection of capital, KKday is poised to continue innovating and expanding its services, bringing unique travel experiences to customers around the world.
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