4385 JP

Mercari Inc

Consumer, TMT


Presented:01/21/2021
Price:¥5,290.00
Cap:$6.94B
Current Price:¥2,551.00
Cap:$3.49B

Presented

Date01/21/2021
Price¥5,290.00
Market Cap$6.94B
Ent Value$5.91B
P/E RatioN/A
Book Value¥227.36
Div Yield0%
Shares O/S157.04M
Ave Daily Vol1,811,070
Short IntN/A

Current

Price¥2,551.00
Market Cap$3.49B
Mercari, Inc. develops, operates and designs Mercari, a smart phone shopping application. It provides a hassle-free and secure way to buy and sell new and used items such as electronics, jewelry, women's clothes, game consoles, pre-owned and hand-made items, shoes and more straight from mobile devices. It also designs, develops, and operates flea market-style mobile applications that enable users to sell, search and purchase items through online. The company was founded by Shintaro Yamada and Hiroshi Tomishima on February 1, 2013 and is headquartered in Tokyo, Japan.

Publicly traded companies mentioned herein: eBay Inc (EBAY US), Etsy Inc (ETSY US), Mercari (4385 JP), PayPal Holdings Inc (PYPL), Poshmark Inc (POSH), The RealReal Inc (REAL)

Highlights

The presenter is long shares of Mercari (4385 JP), a Japanese e-commerce company that develops and operates marketplace applications. As the dominant C2C marketplace in Japan, he sees upside from continued growth (20-30%) in its Japanese business and expansion of its US business. The stock is currently trading ~¥5290 or 6x sales. As the US business becomes a material part of the business, he believes the stock should trade higher, with the stock doubling over the next 2 years. 

Known as the “Ebay of Japan” Mercari, is a global technology business that operates three segments: C2C marketplace (Mercari Inc), payments (Mercpay Inc), and Kashima Antlers (Japanese football club). 

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.