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SoftBank-backed Klook eyes $500 million US IPO, hires top bankers
short by / on Monday, 18 August, 2025
Klook, a Hong Kong-based travel booking platform backed by SoftBank and Goldman Sachs, has hired Goldman, Morgan Stanley, and JPMorgan for a potential $500 million US IPO, Reuters reported. The offering could come before year-end. Founded in 2014, Klook turned profitable in 2023 and competes with Airbnb, TripAdvisor, Trip.com, and Yanolja. Retail sentiment around peers remains upbeat.
read more at Stocktwits