# SmartNews seeks $70 million in Tokyo IPO at lower valuation

_Published Thursday, November 12, 2026 at 3:46 AM EST · Capital · Latest · Tier 2 — Notable_

SmartNews is seeking to raise ¥11.2 billion ($70 million) through an initial public offering in Tokyo next month, Bloomberg reported. The planned offering values the company 80% below its latest major funding round in 2021.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-11-12/japan-smartnews-aggregator-app-list-on-the-tokyo-stock-exchange-dec-15)

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Canonical: https://techandbusiness.org/newswire/pbN7T1mCt7T9-__FQaxFlC
Published: 2026-11-12T08:46:19.034Z
Story chronology: 2026-11-12T06:44:38.000Z
Retrieved: 2026-11-12T10:44:01.277Z
Publisher: Tech & Business (techandbusiness.org)