Bookoff Corp (3313 JP): Closure of Flagship Store a Sign of Restructuring or the End of the Road?

Mercari Inc: OP Loss Widens But Low Exposure to Retail Investors Should Shield From Downside Risk

Mercari: 1 Billion Shipments but More Losses from US Woes – It's Time to Come Home

Mercari: Future Growth Path and Potential M&A Targets?

Mercari: 70% Rise Prices in a Lot of Growth

Mercari Inc: A Case For Directing Attention to the East – III

Mercari IPO - Going Bold, Without Fear of Failure - Some Bits Might Apply to Investors

Equity Analyst, LightStream Research

Chacko Jacob

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Bottom-Up

<p>The ensuing days post <a href="https://www.smartkarma.com/entities/27149" target="_blank" data-smartkarma-citation="entities:27149:1">Mercari Inc (4385 JP)</a>'s much-hyped IPO saw its stock tumble 20% but continue to trade at about 50% above its offer price. Though the company received a shot in the arm from the widespread coverage among large media outlets, questions remain on its plans for the US market and whether the same model that worked in Japan will work <a href="https://www.bloomberg.com/news/articles/2018-06-17/mercari-s-post-ipo-goal-first-japan-startup-to-make-it-in-u-s" target="_blank">elsewhere</a>. We addressed this issue in our first report <a href="https://www.smartkarma.com/insights/mercari-inc-the-hunt-for-discounts-gives-birth-to-a-unicorn-i" target="_blank" data-smartkarma-citation="insights:20106">Mercari Inc: The Hunt for Discounts Gives Birth to a Unicorn - I</a>, published nearly 2 months…</p>

The ensuing days post Mercari Inc (4385 JP)'s much-hyped IPO saw its stock tumble 20% but continue to trade at about 50% above its offer price. Though the company received a shot in the arm from the widespread coverage among large media outlets, questions remain on its plans for the US market and whether the same model that worked in Japan will work elsewhere. We addressed this issue in our first report Mercari Inc: The Hunt for Discounts Gives Birth to a Unicorn - I, published nearly 2 months…

Eコマース企業がオフライン市場に進出する中、メルカリも追随するのでしょうか？