Online luxury fashion retail platform: Farfetch Ltd. (FTCH)

Farfetch Ltd. (NYSE: FTCH) was founded by Jos é Neves in 2007, Headquartered in the UK London, with 6464 full-time employees, is a world-renowned fashion shopping platform.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftch.html

Farfetch Ltd. (FTCH)

Farfetch was born from the love of fashion, selling products from more than 700 boutiques and brands around the world. The company was founded by Portuguese entrepreneur Jos é Neves in 2007. Its headquarter is in London. It has main branches in Porto, Guimaraes, Lisbon, New York, Los Angeles, Tokyo, Shanghai and Sao Paulo. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftch.html

Brand introduction: The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftch.html

The brand is headquartered in London, Farfetch is committed to creating a fashion concept that advocates self-expression and uniqueness. It has about 550 cooperative buyer collection stores and 200 cooperative brands around the world, and provides more than 100000 pieces of fashion items, including women's clothing, men's clothing, children's clothing, daily necessities and boutique ancient works. It stands out with a wide range of product choices and diversified designer brands. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftch.html

Founded by Portuguese entrepreneur Jos é Neves in 2008, the company provides websites, APPs, and 9 language options, including Chinese, English, Japanese, etc., so that fashion lovers can enjoy the high-end experience of "one-stop" shopping for global fashion boutiques. Farfetch's fast delivery service has reached more than 190 countries and 465 cities in China. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftch.html

The brand has offices in 11 major cities. Farfetch China Office was set up in Shanghai in September 2015 to take charge of the business in Greater China. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftch.html

Farfetch started to develop its own business department Black&White and Future Store in 2015. These two projects provide key technology and business solutions for brands and retailers to promote their development and support their innovation. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftch.html

In the same year, Farfetch acquired Browns, a famous buyer's shop in London. Farfetch completed the F round of US $110 million financing in May 2016, with new investors including Temasek, IDG Capital and Eurazeo The existing investor, Vitruvian Partners, also participated in this round of financing. The company's current valuation has exceeded $1 billion. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftch.html

Farfetch Fashion Technology Platform The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftch.html

Our technology platform seamlessly connects the front and back ends, and can be customized in modules to connect the global high-end fashion ecosystem. We hope to create a single operating system to meet the diverse needs of customers and boutique fashion retailers. This is based on a proprietary application interface (API), which provides a strong foundation for the free integration of three components: applications, services and data. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftch.html

Farfetch high-end fashion shopping platform

We provide fashion fans with a truly global high-end fashion network platform. Wherever you are, you can choose fashion boutiques from internationally renowned brands and buyers' shops. Come to Farfetch. cn to explore!

As of March 31, 2018, more than 2900 brands have gathered in Farfetch, from the palace level fashion houses to the small number of new designers. Our customers can choose all kinds of goods here, including women's clothing, men's clothing, children's clothing, ancient works, high-end watches and high-quality jewelry, and directly deliver them to more than 190 countries around the world.

Farfetch's diversified and considerate services originate from the concept of giving priority to customer experience. Our website provides 12 language options, multilingual customer service support, and corresponding fast delivery, including the same day delivery service covering 18 cities around the world, and the fast delivery of F90 delivered 90 minutes after the order is placed - all in order to create a perfect shopping experience. At the same time, the trend inspiration and customized recommendations carefully planned by the fashion team make it easy for customers to find their own personal style among Farfetch's massive fashion boutiques.

Farfetch Ltd. (FTCH) History Encyclopedia

• In 2008, Farfetch was founded
• In July 2010, Farfetch completed the A-round financing of $45 million led by Advent Venture Partners
• In January 2012, Farfetch completed Index Ventures Led round B financing of $18 million
• In March 2013, Farfetch completed the round C financing of 20 million US dollars led by Cond é Nast
• In May 2014, Farfetch completed the D-round financing of $66 million led by Vitruvian Partners
• In September 2014, Farfetch Discover shopping app was launched
• In March 2015, Farfetch completed DST Global Led round E financing of $86 million, the company's valuation reached $1 billion
• In May 2015, Farfetch acquired Browns, a London store
• In September 2015, Farfetch Black&White was launched
• In March 2016, Farfetch launched children's clothing series
• In May 2016, Farfetch was completed by Eurozeo IDG Capital Partners and Temasek Holdings Led Series F financing of $110 million
• In August 2016, the number of Farfetch customers exceeded one million
• In April 2017, Farfetch Future Store was launched
• In June 2017, Farfetch announced the establishment of a strategic partnership with JD Group, which will integrate the advantageous resources of both sides and create the Chinese market luxury goods The preferred platform for online shopping.
• French fashion brand on February 19, 2018 Chanel Announced that it has acquired a minority stake in Farfetch, a British luxury goods e-commerce company, and the two sides will cooperate to develop digital services, such as the chat app connecting Chanel customers and clerks.
• On December 9, 2021, Farfetch acquired LUXCLUSIF, a luxury resale platform, to expand its "second-hand proposition". LUXCLUSIF is a B2B service provider with a successful turnkey solution that supports global auctions, retailers Electronic Commerce Acquire, validate and sell second-hand luxury goods between platforms and stores. This transaction includes the technical platform of LUXCLUSIF, and the LUXCLUSIF team will join Farfetch Group.
• On January 28, 2022, FARFETCH Limited (FTCH) will acquire Violet Grey, a luxury beauty retailer, for an undisclosed amount. This acquisition was prior to the launch of Beauty by FARFETCH Marketplace, which is planned to be launched later this year. In addition to expanding its global customer base, Violet Gray will also use Farfetch Platform Solutions' expertise in technology, global logistics and operations to continue to promote its independent business, including VioletGrey.com and its Los Angeles retail stores.
• On April 12, 2022, Farfetch Neiman Marcus Invest 200 million dollars to expand its vision of new luxury retail. Farfetch now accounts for about 6% of the $68 billion online personal luxury market. Overall, in 2021, the online share of the personal luxury market will reach 22%, second only to single brand stores. It is expected to become the largest single distribution channel by 2025, with a share between 28% and 30%.
• In June 2022, Farfetch Ltd. (FTCH), an online luxury market, will begin to accept cryptocurrency payments, hoping to attract young shoppers. Farfetch said that in the next few months, VIP customers will be able to start using Bitcoin , Ether, Binance Coin and four other cryptocurrencies. It plans to extend this option to all US and European customers later this year.
• On August 24, 2022, Farfetch and Richemont An agreement was reached to acquire 47.5% of the shares of Yoox Net-A-Porter (YNAP), an Italian online fashion retailer.
• On November 28, 2023, Farfetch Ltd. rose by 22.81%, because it was rumored that the company's management would privatize the company.
• On November 29, 2023, Farfetch Ltd. plummeted by more than 50% because Richemont Group (Richemont) ( OTCPK : CFRHF) means that there is no plan to invest or lend to the company.
• On December 18, 2023, Coupang (NYSE: CPNG) agreed to acquire the business and assets of Farfetch (NYSE: FTCH).

Farfetch Ltd. (FTCH) US equity investment

Farfetch Ltd. (NYSE: FTCH) submitted on 8/20/2018 IPO The prospectus was launched on the New York Stock Exchange on September 21, 2018. The planned offering price was $15.00-17.00, the actual offering price was $20, 44243749 shares were issued, and $884874980.00 was raised, Goldman Sachs / J.P. Morgan / Allen & Company/ UBS Investment Bank Joint underwriting.

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