Japanese app operator Mercari jumps 77% on market debut

Japanese app operator Mercari jumps 77% on market debut

Mercari Inc. CEO Shintaro Yamada poses for a photograph during an interview with Reuters in Tokyo, Japan April 2, 2018. REUTERS/Yoshiyasu Shida

Flea market app operator Mercari Inc’s shares surged 77 percent in their Tokyo stock market debut on Tuesday, underscoring strong investor appetite for a rare Japanese unicorn bent on U.S. expansion.

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