Culture

Planning Your Vacation? This Online Platform Can Book Tours and Experiences in Over 80 Countries

Taiwanese startup KKday recently raised $10.5 million in funding to further expand its regional presence
Comments

A 2016 survey released by credit card payments firm Visa revealed that in 2015, Filipinos spent $9.9 billion (Php450.5 billion) on overseas travel, ranking it 25th among the 50 countries included in the survey. It added that by 2025, this will almost double to $17.7 billion, indicating that the demand for travel is on a growth trajectory that many businesses can take advantage of.

One of these businesses is KKday, a Taiwanese startup that operates a travel booking platform. But instead of plane tickets or hotel reservations, travelers can use KKday to book tours and experiences in over 80 countries.

“With such a large market, KKday has already implemented an effective globalized strategy by providing high-quality and affordable experiences to travelers from across the world,” the company wrote in a press release dated February 22.

KKday’s platform currently hosts over 10,000 experiences across 500 cities, which can be viewed and purchased similar to goods in an e-commerce site. Its experience-focused strategy has proven to be effective so far, as the startup revealed that its website gets over four million unique visitors and “serves a few hundred thousand travelers” every month.

ADVERTISEMENT - CONTINUE READING BELOW

 

Established in 2014 by travel industry veteran Ming Chen, KKday currently has offices in 11 Asian countries, including the Philippines

Its traction has been noticed by several investors, most recently by Japanese travel firm H.I.S. In the press release, KKday revealed that it has forged an alliance with H.I.S. and secured $10.5 million in funding in the process. One of the startup’s existing investors, Hong-Kong based venture capital firm MindWorks Ventures, also participated in the Series B funding round.

ADVERTISEMENT - CONTINUE READING BELOW

“The alliance and funding is expected to help KKday expand its regional presence and further improve its variety of affordable product offerings to travelers,” the company wrote. “In addition to growing its operations across Asia, KKday will further improve its position in China as well as expand into the Asia travel segment of both US and European travelers.”

Established in 2014 by travel industry veteran Ming Chen, KKday currently has offices in 11 Asian countries, including the Philippines, and employs over 280 people.

 

Lorenzo Kyle Subido is a staff writer of Entrepreneur PH.

This story originally appeared on Entrepreneur.com.ph.

Comments
View More Articles About:
Recommended Videos
About The Author
Lorenzo Kyle Subido for Entrepreneur.com.ph
Lorenzo Kyle Subido is a staff writer for Entrepreneur Philippines.
View Other Articles From Lorenzo Kyle
Comments
Latest Feed
 
Share
These serviced residences offer homey in-room facilities and hotel-like amenities.
 
Share
The Ateneo senior will miss his supposed last playing year in the UAAP in the hopes of getting drafted in the big leagues.
 
Share
The films of the decade that would make the Bard proud-or roll in his grave.
 
Share
It's a Chinese brand, yes, but our writer thinks the 2019 GAC GM8 2.0L can go toe-to-toe with the competition.
 
Share
Another Hollywood haircut that's set to inherit a house in the country.
 
Share
 
Share
From Common Projects to a good pair of tailored trousers.
 
Share
Make Seoul your first stop in your South Korea travel plans.
 
Share
The six-peat gold medalist funded his own training.
Load More Articles
Connect With Us