Time Out Group has announced the relaunch of its magazine in Hong Kong and that it will take over full control of its operations in Singapore and Seoul, South Korea in line with its strategy to grow its global footprint and its network of owned and operated businesses.
The first edition of the relaunched Hong Kong magazine will be out on 13 September and will feature expert curation of all food, shopping and lifestyle news in the city over the next three months. It will be free and available at high footfall areas around the city.
The group also shared that the Hong Kong magazine, together with Singapore and Seoul, will all now be part of Time Out Digital, while Mongoose Publishing, who previously held the license for Time Out Singapore, have extended their licensing agreement with Time Out for another five years for the Kuala Lumpur and Penang editions.
“Growing our footprint in Asia shows our dedication to expanding the Time Out brand around the world and to evolving as a digital, transactional business,” said Christine Petersen, chief executive of Time Out Digital.
“This provides us with further growth and monetisation opportunities across e-commerce, advertising and Premium Profiles.
“We are very proud to welcome the teams to Time Out and to continue to help locals and visitors to make the very best of these amazing cities with our curated content and local expertise.”
Time Out acquired its Hong Kong license in March and its Australian licensing partner Print and Digital Publishing to publish its magazines in print in Sydney and Melbourne and online in Perth, Adelaide and Brisbane.