Mercari Has No Plans to Withdraw from US Market

Mercari told news service Nikkei it has no plans to withdraw from the US market after it confirmed layoffs in the US. Nikkei reported that the Japan-based company laid off nearly half of the employees at its US subsidiary. Mercari’s US online marketplace is struggling with “falling sales and competition from low-price Chinese e-commerce rivals […]

​ Mercari told news service Nikkei it has no plans to withdraw from the US market after it confirmed layoffs in the US. Nikkei reported that the Japan-based company laid off nearly half of the employees at its US subsidiary. Mercari’s US online marketplace is struggling with “falling sales and competition from low-price Chinese e-commerce rivals