It is worth noting that the earnings of mercari's parent company (only covering the Japanese second-hand market business, and its US business and morpay cashless payment system are in the charge of subsidiaries) have been rising steadily, offsetting other losses. In the year to June, operating profit reached 15.6 billion yen ($136 million), 3.5 times that of four years ago.smm panel for IG,Instagramtalikes free
A survey of the US market shows that mercari needs to achieve double-digit growth in total transaction volume in order to compete. GlobalData, a London based research firm, predicts that between 2020 and 2030, the second-hand e-commerce market in the United States will expand 3.5 times to $195.7 billion, with an average annual growth rate of 13%.smm panel for IG,Instagramtalikes free