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Coupang to Rescue Farfetch, Injecting $500 Million Into Troubled Firm

Farfetch has found its rescuer in Coupang, which has agreed to pump $500 million in emergency funding into the ailing fashion company. ....

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Coupang to Acquire Business and Assets of Farfetch Holdings

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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Is Luxury's Favorite E-Tailer About to Go Bust?

For more than a decade, Farfetch has been a global retail powerhouse, selling billions of dollars worth of coats, shoes, handbags and other luxury goods. But in recent months, the online platform, which was valued at more than $20 billion at its peak in 2021, has been fighting for its survival. Its share price has collapsed, rumors have been swirling that its founder is trying to take the company private and reports suggest it will need a lifeline of at least $500 million by the end of the year ....

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Is Farfetch About to Go Bust? - The New York Times

For years, Farfetch was a tech darling that powered much of online luxury shopping. Now it is teetering on the brink of collapse. ....

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The Clock Is Ticking at Farfetch

Industry sources say that if troubled Farfetch does not secure rescue financing in the coming days, it will have to call in administrators in the U.K. ....

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