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Mercari's main product is the Mercari marketplace app, which allows users to buy and sell items quickly from their smartphones. In Japan, the app is known for its ease of use and unique shipping system, which allows users to ship items anonymously from local convenience stores through agreements with Yamato Transport and Japan Post.
Poshmark, Inc. is a social commerce marketplace where users can buy and sell new and secondhand fashion, home goods, and electronics. The platform has over 80 million users, with over 200M available listings.
The company raised US$100 million in 2015, [6] one of the five largest first rounds of venture capital financing since 2008. [15] Following a merger in May 2016 with Wallapop , a competitor with a reported valuation of about $570 million, the company raised an additional $100 million. [ 10 ]
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