Please find enclosed herewith press release dated May 27, 2025.
QUINT · price
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Quint Digital Ltd (QDL) has signed franchise agreements with Time Out Market Limited and Time Out England Limited to launch 'Time Out India' across Indian cities. The multi-channel deal covers both Time Out Media (a digital destination at timeout.com/india with editorial content on food, culture, arts, events and travel) and an exclusive option for QDL to explore opening Time Out Markets — curated food and cultural halls — in India. Globally, 11 Time Out Markets are already operational in cities like New York, Chicago and Dubai, with more in the pipeline. The launch is planned for later this year, and this is the first time a franchise partner will operate both Time Out Media and explore Time Out Market opportunities under a single agreement. QDL, best known for its media-tech platform The Quint, is expanding from digital publishing into lifestyle and retail-cum-lifestyle commerce through this partnership.
This is a positive diversification move for QDL — a media-tech company moving into branded lifestyle and experiential commerce in a high-growth segment. Investors should watch for upcoming announcements on Time Out Market locations in India, monetisation of the digital platform via advertising, and any capex tied to physical Market rollouts, as these will determine the real earnings impact.