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Capital Markets

Flea market app Mercari eyes June listing in Tokyo

IPO could leave the Japanese 'unicorn' with a market cap north of $1.8bn

Established in 2013, Mercari gives users a simple way to buy and sell secondhand goods through an app on their smartphones.

TOKYO -- Flea market app operator Mercari looks to list on the Tokyo Stock Exchange's Mothers market for startups in June in what could be a big initial public offering.

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