Mercari – Looks Bad so Time to Buy
Mercari’s headline 1Q numbers look weak with the US in particular declining both QoQ and YoY, but they note that conditions actually bottomed in...
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Japan Post – Post Office Business Delivers a Perfect Setup
As Japan Post Holdings’ government sell-down to the magic 33.4% mark gets underway, we begin our analysis by examining the actual post office and...
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Simplex Holdings IPO Trading - Listing Round 2
Simplex Holdings’ shareholders raised around US$300m via selling some of their stake in the company. Simplex has consistently been ranked among the...
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Mercari – Down 6% on What Should Have Been an Unsurprising Deceleration in the US
While the market's reaction to a slight deceleration in Mercari's US GMV is understandable, the underlying metrics are highly promising and we are...
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Komehyo Combats Online Threat with More Stores
Re-use retailers often get a hard rap given the growing dominance of Mercari but many Japanese still support re-use stores for both buying and...
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