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Mercari: Chinese company or not?

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Mercari, an online marketplace and app that allows users to buy and sell used items locally, has become one of the largest digital marketplaces in the United States and Japan. However, some people are questioning whether or not it’s truly headquartered in Tokyo or if it’s actually a Chinese company masquerading as Japanese. We decided to find out the truth by going to Mercari’s website to do our own research on the company itself and its business model!

What is Mercari?

Mercari is a mobile app that allows you to buy and sell items with people in your area. The app was created by Japanese entrepreneur, Tatsuo Kumagai, who wanted to help small business owners get rid of the excess inventory they might have from the holidays. You can use Mercari to sell anything from your old clothes, books and DVDs to some of your everyday household goods.

Once you log in to the app, it will find other people in your area who are also using Mercari and show you their profile. From there you can choose what type of item you want to post for sale and how much you would like it listed for.

The History of Mercari

Mercari is an online, peer-to-peer marketplace for buying and selling new and used items. Founded in 2013 by Japanese entrepreneur Yusaku Maezawa, the platform was initially known as Maezawa’s Market. In 2014, the site was renamed Mercari following a round of venture funding from Japanese e-commerce company Rakuten. As of December 2016, Mercari has over 10 million registered users and operates in 24 countries worldwide.

Why People Think Mercari Is a Chinese Company

It’s no secret that China is a manufacturing powerhouse. It has a workforce of more than 150 million people, and approximately 700 million people who can work but are not in the workforce. This has made it one of the top producers of goods for export and importing. In fact, about 97% of all clothing sold in America comes from China. So when Mercari was founded, many had assumed that it was also based out of China (or at least partially owned by a Chinese corporation).

However, Mercari is actually an American app that started its life as a peer-to-peer marketplace for buying and selling used items. In December 2016, Mercari announced that it would be making some changes to their business model – specifically how they charge sellers on the platform.

The Truth About Mercari

There is a lot of debate about Mercari and whether it is a Chinese company or not. So, what is the truth about Mercari? It’s true that there are some ties to China, but it’s also true that the majority of the founders are Japanese. The point being, Mercari isn’t just a Chinese company by any stretch of the imagination – this has been disproven time and time again. In fact, many people who have used Mercari have come away extremely satisfied with their service.

conclusion

So, in the end, it’s hard to say for sure if Mercari is a Chinese company. Based on the information we have now, it appears that they’re based out of Japan. With their 2 billion dollar valuation, there is no doubt that they’re a well-known and profitable company. But with China being such a large market and many tech companies looking to expand there, there’s always the chance that they may head over there in the future.

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