
Business / Corporate Jun 14, 2018
Mercari's blockbuster IPO shows Japan's startups are turning a corner
One of the year's most spectacular startup payoffs isn't in Silicon Valley or China, it's in Japan. Mercari Inc.'s $3.7 billion coming-out party will deliver a 149-times return to early investor United Inc., which engineered a ¥300 million ($2.7 million) round in the flea-market app ...