Japan Post Capital led a series E round that increased the valuation of the news aggregation app developer to $1.1bn, and its total funding to $116m.

Japan-based curated news app developer SmartNews received $28m yesterday in a series E round led by mail, courier and logistics services provider Japan Post, according to Bloomberg. The round valued SmartNews at $1.1bn and Japan Post invested through its corporate venturing subsidiary, Japan Post Capital. SmartNews has built a news aggregation platform that uses machine…

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