It also developed an Attractions Plus module that allows prospects of attractions and major institutions to access content corresponding to an in-park map, what to eat, and beneficial itineraries in a single app. Klook co-founder and CEO Ethan Lin said then that their enterprise has been badly impacted by the travel restrictions, hence these “painful decisions” needed to be made for them to survive and get well. Klook mentioned that the new capital shall be used to accelerate the development of SaaS solutions and digital transformation for its retailers. These tools will empower any service provider to construct, handle, and scale their business with Klook. The round was led by Aspex Management, an funding fund centered on Asia Pacific.
According to Klook, key markets where COVID-19 restrictions have eased similar to Singapore, Hong Kong and Taiwan, have witnessed elevated spending on native experiences, with bookings reaching near pre-COVID levels as …