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Japan's Uzabase buys Quartz from Atlantic Media
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Japan's Uzabase buys Quartz from Atlantic Media
Jul 2, 2018 3:49 AM

Japanese media company Uzabase Inc is buying business news site Quartz from Atlantic Media in a deal valued at between $75 million and $110 million, the company said on Monday.

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The value of the deal will depend on Quartz reaching financial targets, Uzabase said in a statement.

Uzabase owns the popular Japanese news aggregator Newspicks, which picks up the day’s top stories and allows users including top CEOs to comment. Quartz will in future run the English-language Newspicks site, Uzabase said.

First Published:Jul 2, 2018 12:49 PM IST

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