New Street: Mercari (Buy, TP: ¥9,000, +64%) Launch of Mercari Shops, potential growth engine
Mercari announced this morning that they are launching “Mercari Shops”, a service that helps companies establish their own shops online. We think this makes a lot of sense given Mercari’s profile and the leverage opportunity from the current user base.
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New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:
- Pan European Telecom Services and Cable
- US Telecoms, Cable, Satellite and Towers
- Global Emerging Market Telecoms
- Japan Telecoms
- Asian Internet
- Pan European Healthcare
- Global healthcare thematic research
We provide debt research on:
- Pan European Telecom Services and Cable
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