East Ventures backs Japanese flea market app Mercari
East Ventures has invested JPY50 million ($500,000) in Mercari, a Japanese flea market app launched by former Zynga Japan General Manager Shintaro Yamada.
Kouzoh, the start-up behind the app, released Mercari on the Android mobile operating system earlier this month, and the company claims around 50,000 users have so far put up 10,000 items for sale. According...
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