Mercari operates the largest C2C secondhand goods trading platform in Japan in Mercari, with over 22 million MAU and over JPY 893 billion gross merchandise value in fiscal year 2022. We estimate that it currently has over 70% market share in the C2C marketplace app market, making it the top platform in Japan. It operates a domestic fintech business and a C2C marketplace app business in the US as well. Domestic business roughly accounts for over 95% of its total GMV.
Operator of a logistic platform intended to manage business shipments. The company's platform offers to Integrate, automate, and manage store shipments, and provides access to multiple logistics operators throughout the country, without weight and volume limits, providing clients with multiple functionalities to manage logistics from a single place regardless of the scale of the operation.