Taiwan’s KKday secures $10.5m Series B

The investment is expected to help the company expand its regional presence, especially in China and Southeast Asia, and also improve the quality and range of its products.

Launched in 2015, KKday’s platform allows travelers to book local tours and other travel activities in their destination cities. The company claims to curate more than 10,000 travel experiences across 500 cities in 80 countries. It has over four million registered users and serves a few hundred thousand travelers each month.

Tokyo-headquartered HIS operates 271 offline stores in 156 cities and 70 countries, providing local tours and other travel services. Through the investment, KKday will utilize HIS’ global resources and integrate with the company's online marketing and big data capabilities.

“KKday will be focusing on improving the customer experience and strengthening our relationship with our suppliers. These two strategies are highly related. You can’t improve customer experience without having an amicable relationship with the supplier,” Ming Chen, KKday’s CEO, said in a statement.

KKday currently operates out of offices in Hong Kong, Malaysia, Korea, Japan, and Singapore. It raised $4.5 million in a Series A round from Taiwanese VC AppWorks in early 2016. A few months later, it secured $7 million in an extended round. Singapore’s Monk’s Hill Ventures and Hong Kong-based MindWorks were among the investors.  

KKday's competitors include Hong Kong-based Klook, which also provides about 10,000 attractions, tours, and activities in over 80 countries. The company raised a $30 million Series B round last year, led by Sequoia Capital China.  

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• Topics
• Greater China
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• Early-stage
• Taiwan (China)
• TMT
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• Japan