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Mitú receives millions of dollars in investment from WPP and Verizon

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Mitú receives millions of dollars in investment from WPP and Verizon

Mitú, a digital media network aimed at the Latino audience in the United States and Latin American markets, raised $ 27 million from investors including the advertising multinational WPP and the telecommunications company Verizon. According to USA Today , Mitú today has 43 million Mexico Phone Number List dollars in funds for its growth , after receiving 27 million investment from WPP, Verizon and Awesomeness TV, the latter being a unit of Dreamworks Animation.

Mitú has more than two billion monthly views on YouTube and other video platforms. On the company’s website, Mitú defines himself as “the voice of young Latinos” and assures that it has a reach of one billion. And the company knows that it is targeting an important market. In the United States of the 52 million Hispanics, more than 28 million use social networks, according to data from Statista. Latinos are expected to be 143 million people by 2050.

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For its part, the communication multinational WPP announced in a statement that its participation is a minority and pointed out that Mitú’s clients include América Móvil, Kia, MillerCoors, NBCUniversal and Procter & Gamble. Mitú , a digital media network aimed at the Latino audience in Brother Cell Phone List the United States and Latin American markets, raised $ 27 million from investors including the advertising multinational WPP and the telecommunications company Verizon.

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