Coupang Inc. posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings Plc and a government regulatory fine offset strong growth in …
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Coupang
South Korea’s Coupang Completes Farfetch Acquisition
South Korean e-commerce firm Coupang on Wednesday announced it finalised its deal to control all of Farfetch’s assets, which include its online luxury marketplace and …
Farfetch Investors Form Group to Oppose Coupang Acquisition
Farfetch’s financial stress continues only a month after finding its white knight. A group of investors, called the 2027 Ad Hoc Group, formed this month …
Farfetch Sold to South Korea’s Coupang
Farfetch has been sold to South Korean e-commerce giant Coupang in a deal that will provide the online luxury giant with $500 million in emergency …