The round was co-led by Line Ventures and the Alibaba Entrepreneurs Fund, with participation from existing investors CDIB Capital and Monk’s Hill Ventures.
The company intends to use the funds to accelerate efforts to leverage innovative technologies in travel bookings and experiences, and further its global expansion into new markets.
Launched in 2015 by Chen Ming-ming, CEO, KKday is an online platform that specializes in local in-destination tours and activities. Through a collection of curated experiences, the company provides travelers a destination to find off-grid activities and book them through the platform.
KKday is currently hosting over 20,000 experiences in over 80 countries and 500 cities. The platform is multilingual and supports both traditional and simplified Chinese, English, Japanese, Korean, and other languages.
The company is set to grow its operations in Japan, China and Korea, and expand into new markets including Europe, Australia and New Zealand, and the U.S.A.
Line and KKday will begin their first strategic collaboration later this month in Taiwan when LINE launches “LINE Travel,” a comprehensive in-app service that enables users to search and book flights, hotels, tours and activities, as well as to plan and share their itineraries with friends.
FinSMEs
08/11/2018