ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Travel & Leisure

Asia's travel startups battle for survival as investors pull back

Companies show entrepreneurial drive with pivot to souvenirs and meals

KKday expanded into online souvenir sales after the huge downturn in its travel business. (Photo by Yuki Kohara)

HONG KONG -- Things were going well for KKday. The revenues of the Taiwan-based online travel site mushroomed for three years in a row. The startup drew in tens of millions of dollars from renowned investors, including Alibaba Group Holding and Line, and it broke into a string of new markets.

Sponsored Content

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

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more