Mercari
メルカリ
Business focus
Internet, E-commerce & Platforms
Description
Mercari is a Japanese C2C flea-market marketplace app founded by Shintaro Yamada in Tokyo in 2013. It went public on the Tokyo Stock Exchange in 2018 in one of Japan's largest tech IPOs and expanded into the US market. The app has over 20 million monthly active users and relies on machine learning for photo-based item recognition, price suggestions and fraud detection. Its subsidiary Merpay runs a mobile payments and lending business.