Advertisement
Clothing & Shoes

Farfetch acquired by Coupang in $500m rescue deal

Coupang negotiated the deal with a group of debtholders who held most of a term loan that was owed by Farfetch

South Korean ecommerce group Coupang has agreed to acquire Farfetch, which had been seeking a rescue deal in recent weeks, The Financial Times has reported.

Check out our free weekly podcast

Back to top button