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Electric Mobility Poimo Jointly Developed by Mercari and the University of Tokyo

Mercalli, Professor Yoshihiro Kawahara of the University of Tokyo and others have jointly developed "poimo," a personal mobility device for short-distance use. It can be inflated with a commercially available air container and used in the shape of a wooden horse. It can be folded and carried around like a beach ball. With its compactness, softness and safety due to the fact that it is inflated by gas pressure, the company expects the elderly and women with children to use it, and also sees potential for outdoor and leisure use. The final sales price is targeted at several tens of thousands of yen, and they plan to continue running experiments in special economic zones to find a balance between cost, performance, and usability. (Photo taken on August 21, 2019, location unknown, credit: Nikkan Kogyo Shimbun / Kyodo News Images)

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End of Origami Pay smartphone service

Undated photo shows the icons of the Mercari (L) and Origami Pay smartphone apps. Japanese mobile payment service provider Origami Inc. announced on Feb. 28, 2020, the termination of the Origami Pay service at the end of June as it was wholly acquired by online settlement service Merpay Inc., a subsidiary of flea market app operator Mercari Inc. (Kyodo) ==Kyodo

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Mercari to open physical shop

Shintaro Yamada, CEO of Japanese flea market app operator Mercari Inc., speaks at its business strategy conference in Tokyo on Feb. 20, 2020, announcing it will open its first physical shop in Tokyo's Shinjuku shopping district in spring. (Kyodo) ==Kyodo

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Docomo and Mercari partnership

NTT Docomo Inc. President Kazuhiro Yoshizawa (R) and Shintaro Yamada, CEO of flea market app operator Mercari Inc., shake hands after announcing a partnership on reward points and cashless payment services. (Kyodo) ==Kyodo

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Docomo and Mercari partnership

NTT Docomo Inc. President Kazuhiro Yoshizawa (R) and Shintaro Yamada, CEO of flea market app operator Mercari Inc., shake hands after announcing a partnership on reward points and cashless payment services. (Kyodo) ==Kyodo

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Flea market app operator Mercari

A passerby walks beside a stock price board set up in Tokyo, showing the newly listed Mercari Inc.'s initial price of 5,000 yen on the Tokyo Stock Exchange's Mothers market for start-ups on June 19, 2018. (Kyodo) ==Kyodo

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Flea market app operator Mercari

A passerby walks beside a stock price board set up in Tokyo, showing the newly listed Mercari Inc.'s initial price of 5,000 yen on the Tokyo Stock Exchange's Mothers market for start-ups on June 19, 2018. (Kyodo) ==Kyodo

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Flea market app firm Mercari goes public

Shintaro Yamada, CEO of Japanese flea market app operator Mercari Inc., speaks at a press conference in Tokyo on June 19, 2018, the day of the company's debut on the Tokyo Stock Exchange's Mothers market for start-ups. (Kyodo) ==Kyodo

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Flea market app firm Mercari goes public

Shintaro Yamada, CEO of Japanese flea market app operator Mercari Inc., speaks at a press conference in Tokyo on June 19, 2018, the day of the company's debut on the Tokyo Stock Exchange's Mothers market for start-ups. (Kyodo) ==Kyodo

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Flea market app firm Mercari goes public

Shintaro Yamada, CEO of Japanese flea market app operator Mercari Inc., speaks at a press conference in Tokyo on June 19, 2018, the day of the company's debut on the Tokyo Stock Exchange's Mothers market for start-ups. (Kyodo) ==Kyodo

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Flea market app firm Mercari goes public

Shintaro Yamada, CEO of Japanese flea market app operator Mercari Inc., speaks at a press conference in Tokyo on June 19, 2018, the day of the company's debut on the Tokyo Stock Exchange's Mothers market for start-ups. (Kyodo) ==Kyodo

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Flea market app firm Mercari goes public

Shintaro Yamada (front 3rd from L), CEO of Japanese flea market app operator Mercari Inc., along with other officials, pose for photos at the Tokyo Stock Exchange on June 19, 2018, the day of the company's debut on the bourse's Mothers market for start-ups. (Kyodo) ==Kyodo

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Flea market app firm Mercari goes public

Shintaro Yamada (front far L), CEO of Japanese flea market app operator Mercari Inc., along with other officials, pose for photos at the Tokyo Stock Exchange on June 19, 2018, the day of the company's debut on the bourse's Mothers market for start-ups. (Kyodo) ==Kyodo

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Flea market app firm Mercari goes public

Shintaro Yamada, CEO of Japanese flea market app operator Mercari Inc., poses for photos at the Tokyo Stock Exchange on June 19, 2018, the day of the company's debut on the bourse's Mothers market for start-ups. (Kyodo) ==Kyodo

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Flea market app operator Mercari

A passerby walks in front of a stock price board showing no figures for Mercari Inc. in Tokyo on June 19, 2018, as the Japanese flea market app operator was inundated with massive buying orders immediately after it debuted on the Tokyo Stock Exchange the same day. (Kyodo) ==Kyodo

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Flea market app operator Mercari

A passerby walks in front of a stock price board showing no figures for Mercari Inc. in Tokyo on June 19, 2018, as the Japanese flea market app operator was inundated with massive buying orders immediately after it debuted on the Tokyo Stock Exchange the same day. (Kyodo) ==Kyodo

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Mercari to go public

Japanese flea market app operator Mercari Inc. CEO Shintaro Yamada (L) in this photo taken Feb. 26, 2018, explains how to shop online using a smartphone to Prime Minister Shinzo Abe (C) at the prime minister's office. (Kyodo) ==Kyodo