Japanese flea market app operator Mercari expands its overseas operations to find IT expertise. Mercari will open its second international development centre in India and hire 50-60 engineers over the following year. The Tokyo-based company opened its first foreign development centre in the US.
The COVID-19 pandemic makes recruiting overseas talent tough. Mercari seeks to acquire Indian IT talent by expanding to South Asia. Mercari started in 2013 as an online marketplace for old goods. The seller and buyer can remain anonymous when purchasing an item. Only user names and addresses are known.
The company went public in June 2018. Merpay and Kashima Antlers are among their companies. Bengaluru will host the new overseas development centre. In June, the corporation will open a local subsidiary and a summer office in an IT industrial park. The facility will develop Mercari’s Japanese flea market app. It will work on Merpay and finance technology.
Mercari started employing overseas in 2017. Foreign engineers from more than 40 countries make up roughly half of the Tokyo branch’s engineers.
IITs are India’s top science, technology, engineering, and math schools. Mercari employed 29 IIT graduates in 2018 and 15 more in 2019. Since the pandemic, it’s been hard to locate experienced international tech personnel.
Ken Wakasa, a Mercari executive, said border controls would increase recruitment. India has 1.5 million engineering graduates and many IT experts. By going local, they can attract more potential employees.
Mercari competes in India for IT expertise against Google, Amazon, Facebook, and Apple. The company has not divulged local hire salaries, but it will build a system that allows employees to choose where they work, such as from home. Wakasa said the system improves local awareness and helps locals understand our aspiration to become a global tech enterprise.
Japanese companies are hiring IT workers in India. Rakuten Group will have more than 1,000 employees in India by 2020, up from six in 2015. Rakuten’s IT team grew after entering the mobile carrier business. The company employs 4,500 in India.
Japan had 1.03 million IT workers in 2018, according to METI. If demand for IT specialists grows at the current rate, the UK could be short 790,000 people by 2030.
As firms seek more data analysis and go digital in response to the epidemic, IT professionals are in great demand. This tendency should increase the demand for overseas specialists.