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

The provided sector context is for 'pharma', which is unrelated to this news about a media company acquisition in Southeast Asia. Therefore, there is no relevant sector context to apply here.

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• •German media giant Burda Media sold its Southeast Asia operations, BurdaLuxury, to Singapore's Jaipur Capital.
• •Burda Media will now 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.