Singapore, March 12 2018 - Heart Media Group announced today a strategic partnership and investment into LUXIFY, the world’s largest online luxury marketplace (www.luxify.com).
A first mover in Asia, LUXIFY launched in 2013 has been a favorite destination for luxury enthusiasts and collectors. LUXIFY is an online marketplace with a global reach which connects affluent buyers and established luxury dealers. From supercars to yachts, luxury watches, handbags, rare antiques, LUXIFY offers one of the Internet's largest collections of luxury products and experiences for sale with an inventory worth more than US$ 160 billion.
With Heart Media Group’s presence in several key Asian markets and a global footprint with LUXUO.com on the luxury online sphere, LUXIFY is set to further strengthen its positions across Asia and globally. “This is a substantial turning point for us as we welcome Heart Media as a shareholder and strategic partner. The synergies with Heart Media are clear and this investment validates the strong growth LUXIFY has enjoyed over the past 5 years. This partnership will add great value to our dealers by providing a whole new affluent audience for their products.” said Alexis Zirah, CEO of LUXIFY.
This investment in LUXIFY by Heart Media further enlarges the digital portfolio of Asia’s leading luxury lifestyle media and event group. Olivier Burlot, CEO at Heart Media Group, commented “The strategic partnership and investment in LUXIFY is an important step for Heart Media. We look forward to exploring all possible synergies between LUXIFY and our Group. Through our premier events, online presence and database of affluent consumers, we are fully confident that we will further strengthen LUXIFY’s first mover advantage as the leading global luxury marketplace”.
Heart Media’s strategic partnership with LUXIFY is a reflection of digital’s increasingly pivotal role in informing and educating consumers as well as providing access to direct purchases.
-- -- -- -- -
Luxify is the world’s leading luxury marketplace. Headquartered in Hong Kong, Luxify has been the go-to destination for luxury enthusiasts and collectors since 2013. From supercars to luxury watches, handbags to rare antiques; on Luxify, affluent consumers can access one of the Internet's largest collections of luxury products and experiences for sale from the finest luxury brands and dealers around the world.
About Heart Media Group
Heart Media is the publisher of LUXUO.com, LUXUO.my, L’OFFICIEL Singapore, L’OFFICIEL Malaysia, MEN’S FOLIO, ART REPUBLIK, WOW, WOW Jewellery, L’OFFICIEL HOMMES Singapore. Heart Media is also the co- organizer of the RENDEZVOUS series of hi-end events which connect with the region’s affluent and brand-conscious consumers through their chosen lifestyle activities. Heart Media’s media and events have established solid reputations in their respective sectors. Heart Media is also an investor in ADITUS, the first platform on the Blockchain connecting luxury merchants and crypto-affluents (www.aditus.net). Heart Media is regarded as one of Asia's most dynamic media and event powerhouse.