The Luxury Insider Group owns online publications Luxury-Insider.com, Inluxe.cn, as well as the luxury print magazine Baccarat Magazine in Hong Kong. The Group is also the contract publisher for Citibank for its Ultima Magazine, a controlled circulation title for the high net worth individuals.
With online ad spend increasing year on year, this partnership is aimed at accelerating the Luxury Insider Group’s expansion plans through SPH Magazines’ extensive sales and distribution network, while strengthening SPH Magazine’s online offerings in the luxury space in the region.
Commenting on the investment, Julian Peh, founder and CEO of the Luxury Insider Group, said: “We are delighted to welcome SPH Magazines as a shareholder and strategic partner in our business and I look forward to their active participation in our planned expansion, particularly in 2nd and 3rd tier cities in China."
The Luxury Insider Group has offices in Singapore, Hong Kong and Shanghai.
SPH invests in The Luxury Insider Group
SINGAPORE - SPH Magazines has announced 34 per cent acquisition of Antarctica Interactive Private Limited, the holding company of the Luxury Insider Group.
