Experiences App Klook Files for US IPO After $141M Net Loss

Klook, the popular Asia-based travel experiences platform, has officially filed a Form F-1 registration statement with the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO).

The company plans to list its American Depositary Shares (ADSs) on the New York Stock Exchange (NYSE) under the ticker symbol “KLK.” ADSs represent shares of a foreign company and allow US investors to trade them on domestic exchanges without the complexities of foreign currencies or regulations.

Klook has appointed major global investment banks, such as Goldman Sachs, JP Morgan, and Morgan Stanley, to underwrite the offer.

While specific details such as the number of shares and price range are yet to be determined, the company is aiming to raise between $300 million and $500 million.

Founded in 2014 and headquartered in Hong Kong and Singapore, Klook has rapidly become one of Asia’s leading travel technology companies. Its platform allows users to book tours, attractions, local experiences, and other travel-related services across more than 4,200 destinations worldwide, with a particularly strong presence in the Asia Pacific region.

Despite strong revenue growth of around 24 percent in 2024, Klook continues to operate at a loss due to ongoing investment in technology, marketing, and international expansion. For the first nine months of 2025, it reported a net loss of $141.5 million.

The IPO is expected to strengthen Klook’s balance sheet, accelerate product innovation, and support its expansion into new global markets. Klook also aims to compete more aggressively with industry giants like Booking.com, which recently announced 150,000 new attractions through integration with FareHarbor to grow its presence in the tours and attractions sector.