SmartNews, the Japanese news discovery app that has amassed 20 million subscribers in the U.S., has raised $28 million in its latest funding round, bringing the company's valuation to $1.1 billion, executives tell Axios.
It's notable that in today's bleak news market where U.S. tech giants like Google and Facebook dominate most news referral traffic online, a Japanese-based firm has been able to gain traction.
Comments
No comments on this item Please log in to comment by clicking here