The Artling Pte Ltd, owner of Asian online art platform, theArtling.com, and luxury marketplace Luxglove.com, have closed an investment of S$2.5 million ($1.74 million) from Edipresse Media, a luxury lifestyle media company in Asia and Europe.
Simultaneously, The Artling is expanding into Hong Kong/Greater China with the acquisition of Artshare.com, an online platform for Chinese contemporary art founded in 2013 by Alexandre Errera. With this acquisition, The Artling is aiming to grow its presence in Asia’s online art market. The acquisition will see Errera operate as an advisor to Artshare, focusing on Chinese contemporary art, and blue chip modern and contemporary Western art.