Burda Media sells Southeast Asia-focused business to Jaipur Capital in Southeast Asia pivot

German media giant Burda Media has sold its Southeast Asia operations, BurdaLuxury, to Singapore's Jaipur Capital. This move allows Burda Media to focus on European markets. Jaipur Capital aims to expand its premium media presence across travel, luxury, and aviation in Southeast Asia. The acquisition includes all BurdaLuxury employees and operations in key Asian markets.