About Mercari
Mercari is a publicly listed company based in Minato (Japan) founded in 2013 by Shintaro Yamada. Used multi-category products are traded on an online marketplace platform. Mercari has raised $114.3 million across 7 funding rounds from investors including Mitsui & Co, United and Development Bank of Japan. The company has 1,782 employees. Mercari has completed 5 acquisitions, including Basset AI, Origami Labs and Saily. Mercari was last valued at $1 billion in March 2016. Its chief executive, as recorded, is John Lagerling. Its website mercari.com draws about 161.5 million monthly visits. Its focus areas include Horizontal E-Commerce, Second Hand, Marketplace and P2P. Its legal entity is Mercari Cars ApS. Its competitors include Jimoty and Fril; 2 of its 2 listed competitors have raised funding.
Company details
Mercari was established in 2013 in Minato City, Japan, as an e-commerce platform specializing in second-hand goods. Transactions for used items across categories including fashion, electronics, books, and home decor are enabled through the website and mobile apps for Android and iOS. The service supports peer-to-peer buying and selling in the online retail sector, with operations centered in Japan.
- Headquarters Minato, Japan
- Employees 1,782
- Founders Shintaro Yamada
- Stage Public
- SectorsRetail
- Email••••••••
- Website mercari.com
- Social LinkedIn X Facebook
- Legal Name Mercari, Inc.
- Annual Revenue$1.41 B (USD)19.03as on Jun 30, 2026
- Net Profit$217.93 M (USD)35.56as on Jun 30, 2026
- EBITDA$289.71 M (USD)60.03as on Jun 30, 2026
- Total Equity Funding$114.3M (USD)
in 7 rounds
- InvestorsMitsui & Co.
& 12 more
- Employee Count1,782
- Investments & AcquisitionsBasset AI
& 4 more
Apps and channels of Mercari
Mercari publishes 2 mobile apps with over 20M+ downloads.
Funding Insights of Mercari
Mercari has successfully raised a total of $114.3M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $114.3M
- Total Rounds 7
- First Round $500,000
(Jul 2013)
- Investors Count 13
All 7 funding rounds of Mercari with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | Series D | – | – | – | |
| Mar 2016 | $75M | Series D | $1B | – | |
| Oct 2014 | $21.8M | Series C | – | – | |
| Mar 2014 | $14M | Series B | – | – | |
| Aug 2013 | $3M | Series A | – | – | – |
| Aug 2013 | $3M | Series A | – | – | |
| Jul 2013 | $500,000 | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2016 | $1B | •••••••• |
Last known valuation $1B (Mar 2016). 13 investors in total: 13 institutional.
Investors in Mercari
Mercari has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Mitsui & Co, United and Development Bank of Japan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in startups to drive innovation in Japan's tech and emerging sectors. | globiscapital.co.jp | |||
Venture capital firm focused on SaaS, mobile tech, AI, and multiple sectors | wilab.com | Palo Alto, United States | ||
Global Brain is recognized as a venture capital firm supporting startups. | globalbrains.com | Shibuya, Japan | ||
Early-stage tech ventures in the US and Asia are funded. | gmo-vp.com | Shibuya, Japan | ||
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability. | east.vc | |||
Private equity investment firm backed by Japan Post Group | jp-capital.jp | Chiyoda City, Japan | ||
A European mid-market private equity fund is operated. | charmecapitalpartners.com | Milan, Italy | ||
Venture capital investments in technology startups are provided. | evolution-vc.com | Cupertino, United States | ||
Traditional conglomerate services are provided across multiple sectors by Mitsui. | 1947 | mitsui.com | Chiyoda City, Japan | |
Operates as a commercial bank offering deposits, loans, and payment services. | 1925 | smtb.jp | Chiyoda City, Japan |
Investor details for Mercari
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Mercari
168 people are tracked at Mercari (36 in leadership, 2 in board & advisors, 130 in team); the tracked headcount is 1,782.
| Name | Role | Group |
|---|---|---|
John Lagerling | CEO | Leadership |
Shintaro Yamada | Founder | Leadership |
Jun Yokota | VP of Corporate | Leadership |
Kazuya Nobe | VP of Business Operations | Leadership |
Fumiaki Koizumi | President | Leadership |
Takashi Kudo | VP of Customer Service | Leadership |
Yuki Hamada | Chief Innovation Officer | Leadership |
Jason Fernandes | VP of Security & Privacy | Leadership |
Carlos Donderis | VP, Product Engineering, Mercari JP | Leadership |
Ren Ito | VP of Global Strategy | Leadership |
Kei Nagasawa | Chief Financial Officer | Leadership |
Shuji Kawano | VP of Strategy | Leadership |
Suwen Weng | VP of Product Cross Border | Leadership |
Kazuki Murakami | Head Of Corporate Finance/cfo Office/ir, Director | Leadership |
Sachie Urabe | Head Of Hr, Marketplace | Leadership |
Shinji Takahashi | Head Of Risk, Compliance, And Legal | Leadership |
Takaaki Shinohara | Chief Product Officer | Leadership |
Shunsuke Sako | CEO Marketplace | Leadership |
Motoki Narita | VP Of Product Engineering Marketplace | Leadership |
Satomi Hayashi | Head Of Management Strategy Division | Leadership |
148 more people are available in the full profile.
Complete people profiles for Mercari
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Mercari
Mercari is a publicly listed company on the TSE with ticker symbol 4385 in Japan, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date19 Jun 2018
- Listed onTSE: 4385
- Listed entityMercari, Inc.
- Exchange sectorRetail trade
- ISINJP3921290007
- Share price3,708.00 JPY (-2.22% on the day) · 2026-10-14
- Market capitalisation626,818,248,047.00 JPY
- Price to earnings17.7
- EPS (diluted, trailing year)209.06 JPY
- Volume (last session)2,107,900
Financials of Mercari
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2026 | 229.29B JPY | 35.40B JPY | 47.06B JPY |
| 2025 | 192.63B JPY | 26.11B JPY | 29.41B JPY |
| 2024 | 187.41B JPY | 13.46B JPY | 20.91B JPY |
| 2023 | 171.97B JPY | 13.11B JPY | 19.45B JPY |
| 2022 | 147.05B JPY | -7.57B JPY | -2.87B JPY |
Detailed financial statements for Mercari
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Mercari
Mercari has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Basset AI, Origami Labs and Saily.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cryptocurrency market intelligence and analysis tools are provided to traders. | basset.ai | Shinagawa, Japan | 2019 | Aug 2021 | •••• | |
Money is shared with families via an online transfer platform. | origami.com | Mountain View, United States | 2011 | Jan 2020 | •••• | |
Items are bought and sold via a social marketplace platform. | saily.co | Beirut, Lebanon | 2014 | Nov 2017 | •••• | |
Online marketplace for second hand goods | smaoku.com | Tokyo, Japan | 2013 | Feb 2017 | •••• | |
Social advertising and community engagement solutions are provided via apps. | zawatt.com | Minato, Japan | 2011 | Feb 2017 | •••• |
Complete acquisition details for Mercari
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Mercari
10 dated milestones of Mercari across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Mercari is founded.
- Funding First funding round of $500K.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Zawatt.
- Acquisition Acquires Smaoku.
- Acquisition Acquires Saily.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Origami Labs.
- Funding Latest funding round, Series D,.
- Acquisition Acquires Basset AI.
Competitors of Mercari
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jmty.jp | 2011 | Shibuya, Japan | $1.5M | Online classified platform for second-hand goods | ||
| fril.jp | 2012 | Setagaya, Japan | $9.2M | A women-only C2C app marketplace for multi-category products is provided. |
Detailed competitors of Mercari
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Mercari
The website of Mercari (mercari.com) receives about 161.5M visits a month.
- Monthly visits161.5M
▲ 1.2% vs previous month
Websites whose visitors overlap most with Mercari. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
 amazon.co.jp | amazon.co.jp | 100% | #51 | – | |
| ebay.com | 90% | 666.1M | #42 | View details | |
| aliexpress.com | 79% | #52 | View details | ||
rakuten.co.jp | rakuten.co.jp | 74% | #68 | – | |
temu.com | temu.com | 72% | #27 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Mercari
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Mercari
Complete news archive for Mercari
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mercari
Mercari was founded in 2013.
Mercari is headquartered in Minato, Japan. It is registered at Minato, Tokyo, Japan.
John Lagerling is the CEO of Mercari, as recorded in our data.
Mercari is a funded company, having raised a total of $114.3M across 7 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jul 2013.
Mercari has 1,782 employees.
Annual revenue of Mercari is $1.41B as on Jun 30, 2026.
Mercari was established in 2013 in Minato City, Japan, as an e-commerce platform specializing in second-hand goods. Transactions for used items across categories including fashion, electronics, books, and home decor are enabled through the website and mobile apps for Android and iOS. The service supports peer-to-peer buying and selling in the online retail sector, with operations centered in Japan.
Yes, Mercari is publicly traded on TSE under the ticker symbol 4385.
Mercari has made 5 acquisitions, including Basset AI, Origami Labs, and Saily.
Mercari has 13 investors. Key investors include Mitsui & Co, United, Development Bank of Japan, Sumitomo Mitsui Trust Bank, and Globis Capital Partners.
The valuation of Mercari is $1B as of Mar 2016.