Mercari is the leader in Japan among app-based bazaars, followed by second-ranked Fril and No. 3 Rakuma. Fril and Rakuma see roughly 10 billion yen ($91.6 million) worth of items distributed each month. Mercari topped that threshold in the latter part of 2016, and reached a download count in Japan of 60 million at the end of last year. Its transaction volume for recent months has not been made public.
“We project annual merchandise sales [for the flea market apps] will reach around 200 billion yen a year in the middle of 2018,” said Rakuten President Hiroshi Mikitani. The consolidation of the apps will also streamline plans to tie in other services, such as its core Rakuten Ichiba e-commerce platform.
www.asiaventurepedia.com/2018/02/06/...-to-counter-top-rival/
“We project annual merchandise sales [for the flea market apps] will reach around 200 billion yen a year in the middle of 2018,” said Rakuten President Hiroshi Mikitani. The consolidation of the apps will also streamline plans to tie in other services, such as its core Rakuten Ichiba e-commerce platform.
www.asiaventurepedia.com/2018/02/06/...-to-counter-top-rival/