E-Commerce continues expanding with apps that allow uses to receive cash for their new or used items and now Mercari, Inc. is a member of our OIN community. Driven by Open Source Software (OSS), the Mercari app features a live streaming eCommerce channel and the Mercari NOW service. The Japanese firm was established in 2013, began offering services in the United States in 2014 and in the United Kingdom in 2016.
Today, Mercari has become Japan’s largest community-powered marketplace with over 10 billion JPY in monthly transactions and worldwide, the app has received over 100 million downloads. Prior to going public in 2018, the company was also the first in Japan to reach unicorn — a privately held start-up company valued at over $1 billion U.S. dollars — status.