Taiwan travel startup KKday raises $70m for Asian expansion

Tour platform eyes acquisitions amid post-COVID demand rebound

20241205N KKday

KKday connects users to tours at travel destinations in Asian markets such as Taiwan and Japan. (KKday)

HIDEAKI RYUGEN, Nikkei staff writer

TAIPEI -- Taiwanese tour-booking platform KKday Group has raised $70 million, a portion of which will go toward acquisitions to fund its expansion in Asian markets, the company said Thursday.

The funds came partly from a share placement to existing shareholders including the public-private Cool Japan Fund and Taiwan's government-linked National Development Fund. The amount also includes credit lines from multiple lenders.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.