Farfetch news and milestones

Under its new owner Coupang, Farfetch has finally turned a profit and is notching double-digit growth in its largest single market, the U.S.

A case study for web data

Farfetch just announced it has sold all of its business and assets to Coupang effective January 30, 2024. A group of Farfetch note holders promise to fight back.

Just in: Farfetch -- which was valued at $20 billion+ at its peak in 2020 -- will be acquired by Coupang, South Korea's answer to Amazon, for $500 million.

Farfetch's future is providing investors with little visibility, and the company is looking increasingly complicated.

Partnership and macroeconomic news has helped the stock move higher. Shares are still off 97% from all-time highs.

Farfetch, an online marketplace for independent fashion boutiques, has raised $66 million led by private equity firm Vitruvian Partners, with existing investors Condé Nast Intern…