About Reader's Digest
Reader's Digest is a company based in East Meadow (United States) founded in 1922. It operates as a Subscription Services, and Advertising Model. Reader's Digest has completed 1 acquisition, including Reiman Publications. Reader's Digest offers products and services including Reader's Digest Magazine and Online Content.
- Headquarter East Meadow, United States
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Trusted Media Brands, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Reader's Digest
Reader's Digest offers a comprehensive portfolio of products and services, including Reader's Digest Magazine and Online Content. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A magazine featuring stories, advice, and humor content.
Digital articles covering lifestyle, travel, and knowledge topics.
Funding Insights of Reader's Digest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Reader's Digest
Reader's Digest has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Oddo BHF. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Wealth management, asset management, and investment banking services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Reader's Digest
Reader's Digest has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Reiman Publications. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Official site of market magazines
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Readers Digest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reader's Digest Comparisons
Competitors of Reader's Digest
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Reader's Digest
When was Reader's Digest founded?
Reader's Digest was founded in 1922.
Where is Reader's Digest located?
Reader's Digest is headquartered in East Meadow, United States. It is registered at East Meadow, New York, United States.
Who is the current CEO of Reader's Digest?
Bruce Kelley is the current CEO of Reader's Digest.
What does Reader's Digest do?
Readers Digest is operated as a media company focused on publishing magazines and providing digital content. It covers diverse topics such as lifestyle, humor, travel, and knowledge. Content is distributed through subscriptions and online platforms, targeting a broad audience seeking informative and entertaining reads. The company operates under Trusted Media Brands, Inc., and engages readers with both print and digital formats across various sectors like health, home, and community stories.
What products or services does Reader's Digest offer?
Reader's Digest offers Reader's Digest Magazine and Online Content.
How many acquisitions has Reader's Digest made?
Reader's Digest has made 1 acquisition, including Reiman Publications.
Who are Reader's Digest's investors?
Reader's Digest has 1 investor. Key investors include Oddo BHF.
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