Mercari: Valuation and Some Observations
As Mercari Inc (4385 JP) prepares to raise about JPY49bn in capital through its IPO we take a look at the implied valuations. The peer group is...
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Mercari Inc: A Case For Directing Attention to the East – III
This is our third report on Mercari Inc and its Road to IPO. Our first report Mercari Inc: The Hunt for Discounts Gives Birth to a Unicorn -...
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Fashion: Still the Biggest Japanese E-Commerce Category – and Still Growing Fast
Our recent post on e-commerce (E-Commerce in Japan 2017-2022: Relentless Expansion Means Upheaval in Consumer Goods Distribution) showed just how...
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Walmart-Flipkart Deal Likely to Force Amazon To Loosen Purse Strings in India
One of the biggest business headlines of 2007 in India was Wal Mart Stores Inc (WMT US) ’s announcement to enter the Indian market. Unbeknownst to...
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Mercari Inc: The Hunt for Discounts Gives Birth to a Unicorn - I
Company OverviewIn just three years, Mercari Inc was billed a “Unicorn” – the first and only one in Japan. The company, which was started in...
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