SmartNews Inc. has raised $230 million in its newest investment spherical, valuing the news-discovery app at kind of $2 billion and atmosphere the level for a possible checklist of its stocks.

SmartNews is a news-aggregation site that paperwork partnerships with exterior retailers akin to USA As of late and Time mag to put up their content material. The app prides itself on helping native information organizations, a lot of which have been under extreme pressure, by way of riding site visitors to their articles thru a tab that displays customized headlines in accordance with a consumer’s location.

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