Culture Trip Struggles to Justify Massive Investment

Kris Naudts, founder and CEO of Culture Trip. The company has taken more than $100 million in investment. Culture Trip

Skift Take: We get it, startups often have to accept substantial losses in order to quickly expand a particular business. But given the size of Culture Trip’s revenue and the market in which it operates, it’s difficult to see why investors have pumped more than $100 million into the business.

— Patrick Whyte

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