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fromFortune
1 day ago

Asian travel platform Klook is filing for a New York IPO | Fortune

Klook, a Hong Kong- and Singapore-based travel booking company, is filing for an initial public offering in New York, showing that despite the events of the past year, the U.S. remains a top listing destination for Asian companies. The company, founded in 2014 by Ethan Lin and Eric Gnock Fah, claims to be the largest experience booking platform in Asia by gross transaction volume, with 65 million experiences booked in the twelve months ending Sept. 30. In its IPO prospectus, Klook revealed that it generated $417.1 million in revenue in 2024, a 24% increase. Yet the company isn't profitable, losing $99.3 million last year.
Business
London startup
fromwww.theguardian.com
5 months ago

Stock exchange dealt another blow as 12bn fintech ditches main London listing

Wise is moving its main share listing to the US, highlighting a trend of companies seeking better market opportunities outside London.
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