SPH acquires Luxury-Insider.com

SINGAPORE Press Holdings (SPH) yesterday announced that its subsidiary SPH Magazines has acquired Asia's leading online luxury publication, Luxury-Insider.com, from WhiteWave Media Group (WWMG).

Luxury-Insider.com, launched in 2006 by Julian Peh, CEO of WWMG, a regional luxury media group, was Asia's first completely digital luxury publication.

Since then, it has grown into one of Asia's largest websites with a focus on affluent audiences.