ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Equities

Japanese unicorn Mercari's market cap seen reaching $3.6bn

Flea market app operator raises IPO target price on firm demand

Investors at home and abroad are bullish on Mercari's growth prospects. (Photo by Satoshi Morotomi)

TOKYO -- Japanese flea market app operator Mercari has raised the estimated price for its initial public offering this month amid keen investor interest in a Japanese unicorn, bringing its market valuation as high as $3.64 billion.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more