Recent M&A-related Development In Japan

The digital economy in Japan has grown at a dramatic rate in recent years. The growth in Japan's data economy has led to a marked rise in the number of mergers and acquisitions involving data aggregation, including acquisitions by tech giants and other established technology companies of innovative startups at generous valuations for the sake of increasing or maintaining market share. This development of the data economy in Japan is largely attributable to the ecosystem established by online platform operators. This ecosystem has, in turn, ushered in a virtuous cycle of continued innovation in the digital sphere, and the accumulation and utilisation of data has facilitated the constant development and creation of new businesses.