General marketplace Mercari yet again failed to turn its robust sales into profit in the first two quarters of 2019. Continued investment that prioritized business growth significantly increased its net loss to Y14.1 billion ($128 million U.S.) in the six-month period leading up to Dec. 31, 2019 from Y4.4 billion ($40 million U.S.) a year earlier.

This article is locked. Please email info@aimgroup.com for more information.