Taiwan tours and activities startup KKday secures $95 million to expand in Asia

KKday, a Taiwan-based startup offering tours and activities services, has secured $95 million in its Series C funding round led by TGVest Capital, with participation from others.

• The fund will be invested in improving its stack of technology, hiring, and expanding its presence in Asia.
• The startup intends to increase its employee base by 40% in places like Taiwan, Japan, Hong Kong, Korea, and Southeast Asia.
• KKday claims that booking in 3 of 12 locations has exceeded the pre-COVID levels– a pointer to the surge in tourism and activities following the relaxation of pandemic-related measures and rules in Asia.
• It plans to further partner with travel agencies and digitize their processes to cater to the rising demand in the tourism space.