What is Farfetch?
Founded in 2007 and headquartered in the United Kingdom, Farfetch operates as a global online marketplace connecting consumers with boutiques and brands worldwide. The platform offers a curated selection of luxury fashion items, positioning itself as a key player in the digital transformation of the high-end retail industry. Its business model focuses on providing a seamless shopping experience and extensive reach for its partners.
How much funding has Farfetch raised?
Farfetch has raised a total of $3.4B across 12 funding rounds:
Series D
$66M
Series E
$86M
Series F
$110M
Private Equity
$20M
Series G
$397M
Stock Offering
$885M
Share Placement
$250M
Corporate Investment
$1.1B
Debt
$400M
Series D (2014): $66M featuring Vitruvian Partners, Ceyuan, Advent Ventures, Conde Nast International, and Richard Chen
Series E (2015): $86M backed by Condé Nast, Vitruvian Partners, and DST Global
Series F (2016): $110M with participation from Temasek, Vitruvian Partners, Eurazeo, and IDG Capital Partners
Private Equity (2016): $20M led by Eurazeo
Series G (2017): $397M supported by JD.com
Stock Issuance/Offering (2018): $885M featuring Undisclosed
Share Placement (2020): $250M backed by Dragoneer Investment Group and Tencent
Corporate Investment (2020): $1.1B with participation from Richemont and Alibaba.com
Debt (2022): $400M led by J.P. Morgan Asset Management
Key Investors in Farfetch
Richemont
Richemont is a Swiss luxury goods conglomerate that owns several of the world's leading companies in the fields of jewellery, watches, luxury cars, and fashion.
Alibaba.com
Alibaba.com is an e-commerce subsidiary of Alibaba Group, serving as a global platform for wholesale trade, connecting businesses worldwide.
Temasek
Temasek is a global investment company headquartered in Singapore, known for its generational investment approach across various sectors.
What's next for Farfetch?
The substantial enterprise-level backing and recent strategic investment indicate Farfetch is in a phase of aggressive scaling and market consolidation. Future developments are likely to focus on enhancing its technological infrastructure, expanding its global logistics network, and potentially pursuing strategic acquisitions to broaden its service offerings and market share. The company's trajectory suggests a continued emphasis on innovation within the luxury fashion e-commerce space, aiming to solidify its leadership position.
See full Farfetch company page
