Hypebeast -
4 Nov 2020 23:02
Alibaba is reportedly planning to take a sizeable stake in Farfetch, Reuters reports, citing an early scoop from The Information. Sources have suggested that the Chinese company may plunge $300 million USD into the London-based luxury fashion retailer in the near future.Both parties refused comment but parties with inside knowledge of the affair hint that the partnership will go beyond a mere investment. Sources indicate that Alibaba and Farfetch may join on a new Chinese venture -- presumably r...
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