TOKYO -- SoftBank Group's massive technology fund has led a $225 million investment round into Hong Kong-based online travel startup Klook, giving the company the firepower to fend off rivals in Asia's fast-growing activities booking market.
Existing investors Sequoia China, Matrix Partners, TCV and OurCrowd also participated in the round, Klook announced on Tuesday. Its previous funding round last August, when it raised $200 million, valued Klook at $1 billion, but it declined to comment on the latest valuation.
