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Klook CPO Liu Outlines Travel Booking Platform’s Global Expansion

PYMNTS

Having $1 billion in bookings and more than 200 destinations globally – those are big numbers, to be sure, but these are not stats gleaned from an airline. The Series D round, which includes investors as far-flung as Sequoia Capital China, Goldman Sachs and others, brought in a total funding of $300 million to date.

Regional 103
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Pandemic Aside, SoftBank-Backed Travel Platform Klook Raises $200 Million

PYMNTS

Hong Kong’s travel and leisure booking platform Klook has closed a $200 million Series E funding round led by Aspex Management , with participation by Sequoia Capital China , SoftBank Vision Fund, Matrix Partners China and Boyu Capital , according to a press release.

Capital 241
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If You Are Tired of Being Transactional, You Need A Hedge Program

South State Correspondent

Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times. Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans.

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If You Are Tired of Being Transactional, You Need A Hedge Program

South State Correspondent

Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times. Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans.

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After A Century, Barclays Steps Back From Africa Operations

PYMNTS

The decision to pare back operations in Africa — where the company will sell off much of its 62 percent ownership in publicly traded Barclays Africa — represents what The New York Times said was a step back from one of the key pillars of Barclays’ long-term strategy, right in lockstep with credit cards and investment banking.

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Airbnb Drops Internal Valuation 16 Pct Amid Pandemic

PYMNTS

Bookings were off up to 90 percent in particularly hard-hit regions, data from independent monitoring firm AirDNA indicated. Chesky also made a point of telling staff that other travel booking services were suffering from a downturn due to the coronavirus. Airbnb has raised $4.4 billion in 15 founding rounds. .

Regional 140
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Grab CEO: Venture Capital Efforts To Eye ‘Next Generation’ Of Tech In SE Asia

PYMNTS

Ride-hailing firm Grab , based in Singapore — which entered a deal to acquire Uber ’s southeast Asia business in the first quarter — is reaching even farther into the region. Hey, I’m going to book my meal through GrabFood. Tan continued, “Let’s talk about the wider region. Operating one country is one thing.

Capital 100