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Eye-Popping Returns Lure Hedge Funds to Japanese Startups


Eye-Popping Returns Lure Hedge Funds to Japanese Startups
Bloomberg
13 hrs ago
Bei Hu
(Bloomberg) Hedge funds and asset managers are increasingly turning to Japanese startups, attracted by some eye-popping past returns in the long-overlooked sector.
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Asian hedge fund firms including Pleiad Investment Advisors and global investment giants like T. Rowe Price Group Inc. and Baillie Gifford are providing late-stage growth capital to the nation’s most promising ventures, according to fund managers at the companies.
They’re emboldened by surging share prices of startups that went public in recent years, along with renewed government efforts to promote digitalization and entrepreneurship. With just six unicorns, the world’s third-largest economy has struggled to produce new companies that have global ambitions like Alibaba Group Holding Ltd. and Tesla Inc. ....

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Amazon Battles Retailers Over Effort to Combat Counterfeit Goods


Internet companies cite safety, privacy concerns
Retailers pushing the bipartisan effort on the Hill
April 29, 2021 10:46 AM
By Megan R. Wilson
A proposal to curtail counterfeit and stolen goods being sold on the web provoked a pitched battle on Capitol Hill, with manufacturers and brick-and-mortar retailers squaring off with marketplaces such as Amazon.com Inc., Etsy Inc., and eBay Inc..
The high-powered lobbying fight is over a measure (S. 936) that would require third-party marketplaces — internet platforms that connect sellers to buyers — to verify the identity and provide transparency about high-volume sellers. They’re defined as those who sell more than 200 new items in a year, earning them a total of $5,000 or more. ....

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Mercari Named to Fast Company's Annual List of the World's Most Innovative Companies for 2021


Mercari Named to Fast Company s Annual List of the World s Most Innovative Companies for 2021
Popular no meetup marketplace among top-ranked in the Asia-Pacific category
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PALO ALTO, Calif., March 11, 2021 /PRNewswire/  Mercari, the online marketplace that connects millions of people through its Japan and US platforms to buy and sell items no longer being used, today announced that it has been named to
Fast Company s prestigious annual list of the World s Most Innovative Companies for 2021.
Mercari, headquartered in Japan, is among the top ten companies given this honor in the Asia-Pacific category. The annual list recognizes the businesses that have not only found a way to be resilient in the past year, but have made a profound impact on their industries and culture as a whole. This year s MIC list features 463 businesses from 29 countries. ....

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