Tech Company Financing Transactions
Farfetch Funding Round
Farfetch, based in London, secured $397 million from JD.com.
Transaction Overview
Company Name
Announced On
6/23/2017
Transaction Type
Venture Equity
Amount
$397,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Farfetch currently partners with 200 brands and 500 multi-brand retailers there and its new alliance with JD.com will give it access to JD.com's wide logistics network (including JD Luxury Express, its premium courier service), online payment and consumer microcredit tools, social media resources such as its partnership with WeChat, and big data. The partnership also helps Farfetch stake its territory in China and fight against counterfeit products, a point that founder and CEO Jose Neves highlighted in his press statement.
Company Information
Company Status
Publicly-held
Industry
ECommerce
Mailing Address
90-98 Goswell Rd.
London, EC1V 7DF
UK
London, EC1V 7DF
UK
Phone
Website
Email Address
Not Recorded
Overview
Farfetch (NYSE: FTCH) delivers a unique shopping experience. Discover the latest in designer fashion for men and women straight from boutiques around the world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jose Neves
Chief Operating Officer
Andrew Robb
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