About AsiaYo
AsiaYo is a company based in Taipei (Taiwan) founded in 2013 by CK Cheng.. AsiaYo has raised $19.5 million across 2 funding rounds from investors including Klook, Lion Travel and Alibaba Entrepreneurs Fund. AsiaYo operates in a competitive market with competitors including Airbnb and Tujia, among others.
- Headquarter Taipei, Taiwan
- Founders CK Cheng
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.5 M (USD)
in 2 rounds
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Latest Funding Round
$12.5 M (USD), Series C
Jul 01, 2022
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Investors
Klook
& 5 more
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Employee Count
Employee Count
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Funding Insights of AsiaYo
AsiaYo has successfully raised a total of $19.5M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $12.5 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series C — $12.5M
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First Round
First Round
(05 Dec 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series C - AsiaYo | Valuation | Lion Travel , Klook | |
| Dec, 2018 | Amount | Series B - AsiaYo | Valuation | Alibaba Entrepreneurs Fund , China Development Finance |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AsiaYo
AsiaYo has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Klook, Lion Travel and Alibaba Entrepreneurs Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Capital and guidance are provided to startups for growth.
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Founded Year | Domain | Location | |
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VC fund focusing on Taiwan and Silicon Valley startups
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Founded Year | Domain | Location | |
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Travel agency services are operated from Taiwan since 1977.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AsiaYo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AsiaYo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Asiayo Comparisons
Competitors of AsiaYo
AsiaYo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airbnb and Tujia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Vacation rentals are booked via an online peer-to-peer platform.
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| domain | founded_year | HQ Location |
Vacation rentals are booked via an online platform for travelers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Asiayo
Frequently Asked Questions about AsiaYo
When was AsiaYo founded?
AsiaYo was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is AsiaYo located?
AsiaYo is headquartered in Taipei, Taiwan.
Who is the current CEO of AsiaYo?
CK Cheng is the current CEO of AsiaYo. They have also founded this company.
Is AsiaYo a funded company?
AsiaYo is a funded company, having raised a total of $19.5M across 2 funding rounds to date. The company's 1st funding round was a Series B of $7M, raised on Dec 05, 2018.
What does AsiaYo do?
AsiaYo was founded in 2013 in Taipei, Taiwan, as an online marketplace in the travel and hospitality sector. Properties are listed by registered owners, allowing travelers to browse and select accommodations based on preferences. Bookings are completed through the platform with online payments. The service is supported by mobile applications for iOS and Android devices, facilitating access across the region.
Who are AsiaYo's investors?
AsiaYo has 6 investors. Key investors include Klook, Lion Travel, Alibaba Entrepreneurs Fund, China Development Finance, and Delta Ventures.