Japan's unicorn population a shadow of those in the US and China

SmartNews joins Preferred Networks and Liquid Group with more than $1b valuation

20190805 smartnews

With its latest fundraising round, SmartNews pushed its total valuation over $1 billion, giving Japan a third unicorn. (Photo courtesy of SmartNews)

KAZUYUKI OKUDAIRA, Nikkei senior staff writer

TOKYO -- The number of privately held startups valued at more than $1 billion is gradually increasing in Japan, although the population of these so-called unicorns remains a fraction of those in the U.S. and China.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.