Nov 10 (Reuters) - SoftBank-backed Klook reported a

24.4% jump in revenue in 2024, the online travel booking

platform said in its filing for a U.S. initial public offering

on Monday, signaling steady investor demand even as the

government remains shut.

The U.S. IPO market has rebounded from tariff-driven

volatilities, as a rally in equities and interest rate cuts

boosted investor demand for fresh offerings, though a prolonged

government shutdown has caused some delays.

Klook's offering followed recent debuts by molecular

diagnostics firm BillionToOne ( BLLN ) and another Apollo-backed

company Grupo Aeromexico, earlier this month.

The Hong Kong-based company reported revenue of $417.1

million in 2024, compared with $335.2 million a year earlier.

Its IPO filing comes at a time when the global tourism

industry is experiencing rapid growth following the COVID-19

pandemic, driven by a surge in consumer spending.

The travel sector's contribution to global GDP is projected

to reach $11.7 trillion in 2025, 10.3% of global GDP, according

to a May report by the World Travel and Tourism Council.

Founded in 2014, Klook offers bookings for tours,

attractions, transport and other travel experiences across a

wide range of locations globally.

It competes with global platforms such as Booking.com,

TripAdvisor, China's Trip.com and South Korea's Yanolja.

In February, Klook raised $100 million in a funding round

led by European investment firm Vitruvian Partners, though it

did not disclose its valuation at the time.

Klook aims to list on the New York Stock Exchange under the

symbol "KLK".

Goldman Sachs, Morgan Stanley and J.P. Morgan are among the

lead underwriters for the offering.