Japanese app Mercari expects $1.8b in valuation for its Tokyo listing in June

Japanese app Mercari expects $1.8b in valuation for its Tokyo listing in June

Employees of Tokyo Stock Exchange work at the bourse after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan's stock market, in Tokyo, Japan, January 4, 2016. REUTERS/Yuya Shino/Files

Japanese marketplace app operator Mercari is looking at a Tokyo listing in June that could give it a market value of more than 200 billion yen ($1.8 billion), the Nikkei newspaper said on Friday.

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