TripAdvisor acquires Wanderfly to build out its social travel efforts
More of a tuck-in picking-up-assets acquisition for Tripadvisor as it ramps up its social travel efforts, as a layer on top of its giant behemoth of a machine.
TripAdvisor has acquired “travel inspiration site” Wanderfly, though no more details were forthcoming.
Wanderfly had raised around $1.4 million in funding to date, and knowing TripAdvisor’s acquisition pattern of picking up sites/apps on the cheap and Wanderfly’s lack of traction in the market, it was likely a small amount.
Two theories are making the rounds about TripAdvisor’s motivations for the acquisition.
One idea is that TripAdvisor can leverage Wanderfly’s user data to better inform advertisers about traveler intent. But, Travis Katz, CEO of social travel site Gogobot argues that Wanderfly’s user base and consequent data would be too small to be of much value to TripAdvisor.
Katz points to AppData showing that Wanderfly has about 2,000 monthly active users, compared to about 1 million for Gogobot. ”TripAdvisor is probably looking for a team to help them build out the social part,” Katz says.
Founded in 2009, Wanderfly came on the scene as a social travel site, emphasizing a wide choice of trip types, recommendations from Facebook friends, activities’ listings from Foursquare, and booking options from travel partners.
But Wanderfly veered away from a limited “travel” focus and toward a broader city discovery emphasis with a Pinterest twist. Wanderfly calls its current product “visual travel discovery.”