Klook Technology Limited, the largest pan-regional experiences platform in Asia-Pacific, has announced that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering (“IPO”) of American Depositary Shares (“ADSs”) representing its ordinary shares. The Company has applied to list the ADSs on the New York Stock Exchange under the ticker symbol “KLK”.
Goldman Sachs (Asia) L.L.C., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC will act as underwriters of the IPO. The number of ADSs to be offered and the price range for the proposed offering have not yet been determined.
The proposed offering will be made only by means of a prospectus.
The registration statement on Form F-1 relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective.
SoftBank-backed Klook has also reported more than 24% increase in revenue for 2024, reaching $417.1 million compared to $335.2 million the year before. The move comes as the U.S. IPO market regains momentum thanks to rebounding equities and lower interest rates, even amid a prolonged government shutdown. Klook’s filing follows other recent listings, including BillionToOne and Grupo Aeromexico, underscoring renewed investor appetite for new public offerings.
Founded in 2014, Hong Kong-based Klook offers bookings for tours, attractions, transport, and other experiences, competing with Booking.com, TripAdvisor, Trip.com, and Yanolja. The company’s growth comes as the travel industry continues to rebound, with global tourism expected to contribute $11.7 trillion—or 10.3% of global GDP—by 2025, according to the World Travel and Tourism Council.
