Japanese flea-market app Mercari’s valuation soared to $6.5 billion on its first day of trading, as investors celebrated the eBay rival’s debut in a country that is nearly bereft of influential technology startups.
WSJ.com: Asia Home, Wall Street Journal: Home Asia
Tue, 06/19/2018 - 4:44am
Japanese flea-market app Mercari’s valuation soared to $6.5 billion on its first day of trading, as investors celebrated the eBay rival’s debut in a country that is nearly bereft of influential technology startups.