SmartNews reportedly plans December IPO at reduced valuation

Published Thursday, October 15, 2026 · 7:06 AM EDT

SmartNews plans an initial public offering in December at a fraction of its previous valuation, Bloomberg reported, citing people familiar with the matter. The report links the news aggregator's reduced valuation to damage artificial intelligence has inflicted on its business.

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Bloomberg Technology

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.

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