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Business

Japan's next wave of aspiring disruptors line up for IPOs

Managing YouTube stars among the innovative new business models

UUUM, a startup that manages YouTube personalities, went public on the Tokyo Stock Exchange's Mothers market Aug. 30.

TOKYO -- From artificial intelligence to fintech, a number of technology-driven Japanese startups looking to establish completely new business models have been planning initial public offerings this year.

UUUM manages YouTube celebrities, who earn income from posts on the video-sharing site. It debuted on the Tokyo Stock Exchange's Mothers market Wednesday, ending the session with bids of up to 4,715 yen, or 2.3 times the listing price. "We hope to create new businesses, like e-commerce based around videos," CEO Kazuki Kamada said.

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