When travel platform KKday raised the first part of its Series C in September 2020, the travel landscape was very different. Now, as KKday announces that it’s added $20 million to the round, bringing its total to $95 million, travel trends are changing, with more people going on domestic or international trips. The funding was led by Asia private equity firm TGVest Capital.
“We plan to use the new funding to double down on expanding our footprint in key markets including Taiwan, Japan, Hong Kong, Korea and Asia,” founder and CEO Ming Chen told TechCrunch. “In addition, we are preparing for an influx of both domestic and international travelers as borders reopen.”
The startup says that in June 2022, its gross merchandise value exceeded pre-COVID levels, and it also lowered its user acquisition cost to one-third of the amount it spent before t …
