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Tokyo has one of the most vibrant and dynamic startup scenes in asia with a rapidly growing number of new companies and entrepreneurs in a variety of industries tokyo is the capital city of japan with a population of over 1396 million people and it is known for its advanced technological capabilities infrastructure and innovation one of the most significant startups to come out of tokyo is rakuten a multinational ecommerce company that operates in over 29 countries and has a market capitalization of over 106 tillion other notable tokyo startups include mercari a mobile marketplace app that went public in 2018 and has a valuation of over 284 billion and line corporation a messaging app that has over 178 million active users worldwide tokyos startup scene is not limited to technology as the city has a rich history of innovation and entrepreneurship in areas such as fashion food and culture one example of a tokyo startup in the fashion industry is zozo a company that creates customfit clothing using technology such as 3d scanning and artificial intelligence in terms of technological innovation tokyo is known for its advancements in robotics artificial intelligence and blockchain technology many of the citys startups are focused on developing new technologies that can be applied across a variety of industries including healthcare finance and transportation tokyo has also implemented several initiatives to support the growth of startups and innovation in the city including the establishment of startup accelerators funding programs and incubators the city has also invested in infrastructure projects such as the development of the tokyo bay area which has helped to attract and retain businesses and talent overall tokyos startup scene is characterized by a diverse range of innovative companies and entrepreneurs across a variety of industries with a supportive business environment access to funding and resources and a strong culture of innovation and entrepreneurship tokyo is wellpositioned to continue to attract and develop startups and entrepreneurs from around the world
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