Source: Travel News
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.