Certainly, $80 million is a large chunk of money for what’s a reasonably under the radar travel content startup, and it additional illustrates that larger earlier stage investment rounds are not restrained to Silicon Valley. But digital media startups aren’t precisely renowned for his or her capability to generate large earnings, that is why Culture Trip has one eye on expanding beyond content material to travel bookings. Later this year, it’ll hook its content material in with direct links to book hotels and other “journey providers. ” Culture Trip’s content will quite simply function the driver behind its new online travel reserving department. Culture Trip has also currently made a duo of key hires from big tech firms, with ex Facebooker Mike Fox joining the agency as chief marketing officer CMO and former YouTube head of world sales Dick Soule signing on as chief profit officer CRO.
The agency also claims a couple of interesting people on its board of administrators, adding Google Assistant product lead Yariv Adan and Dr. Nelson Mattos, previously vice chairman of engineering at Google for EMEA. Elsewhere, Culture Trip’s latest chief product officer CPO, Nick Jakobi, has nearly a decade of product control event at Google and Facebook.