INSUBCONTINENT EXCLUSIVE:
company is announcing the close of a $92 million round of funding at a valuation of $1.2 billion
The funding was led by Japan Post Capital Co
and ACA Investments, with participation from Globis Capital Partners Co., Dentsu and D.A
Marketing Fabien-Pierre Nicolas told me that SmartNews has a few unique advantages
Bloomberg, BuzzFeed and Reuters on a program called SmartView First, where articles are presented in a custom format that gives publishers
started) and the United States
And it sounds like one of the main goals with the new funding is to continue growing in the United States.Nicolas also suggested that there
are some broader trends that SmartNews is taking advantage of, like the fact that the shift to mobile news consumption is still underway,
(It also recently launched a News From All Sides feature to show coverage from different political perspectives.)As for monetization, he
SmartNews has been downloaded 45 million times since the beginning of 2014, with 11 million of those downloads in 2019.
