Klook Plans US IPO, Aiming for Favorable Market

Markets & Money Today | 2 Min News | The Daily News Now! - En podcast av The Daily News Now! - Tisdagar

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Klook, a Hong Kong-based travel platform, is reportedly planning to go public in the US early next year, aiming for an IPO after the holiday season. The company, which competes with Booking.com and TripAdvisor, has strong investor backing from SoftBank Group and Goldman Sachs. Earlier plans to list by the end of 2025 have been pushed back, possibly due to the underperformance of similar companies like Navan. Klook filed for its US IPO in November, potentially seeking around $500 million.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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