Aspex Management led a $200m funding round in Klook.

Aspex Management, an investment fund focused on Asia Pacific, led a $200m funding round in Klook, a provider of online travel booking services. Additional investors include Sequoia Capital, Softbank Vision Fund 1, Matrix Partners China, and Boyu Capital. "Despite a challenging 2020, we have shown our mettle, turning challenges into growth opportunities with agility and constant innovation. We've observed over the past year that consumers have a pent-up desire to explore and enjoy themselves, despite international travel being paused. Instead, they are turning inwards - exploring new and unique experiences right in their backyard. This new capital further strengthens our leading position to take us from defense to offense, as domestic tourism becomes ubiquitous and international travel gradually returns," Ethan Lin, Klook CEO and Co-Founder.