Mercari Has No Plans to Withdraw from US Market

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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