Farfetch Raises $250M USD in Debt to Further Grow Platform

Farfetch recently announced that it will be offering convertible senior notes totaling $250 million USD to global tech company Tencent and San Francisco-based investment firm Dragoneer. Tencent is on board to purchase $125 million USD of the notes, and Dragoneer is set to purchase the other $125 million USD.The decision to open up to more investors through a private placement of convertible debt was celebrated by Farfetch investors who were reportedly concerned with the company's strategy. As an...