Farfetch Acquired by Korean eCommerce Giant Coupang

Farfetch Acquired by Korean eCommerce Giant Coupang

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Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. The deal gives Coupang greater access to the personal luxury goods space, while offering Farfetch $500 million to remain in operation, the companies announced Monday (Dec. 18). “Farfetch is a…

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