Home » Richemont sells Farfetch to South Korea’s Coupang Richemont sells Farfetch to South Korea’s Coupang The British marketplace dedicated to luxury goods, Farfetch, is going under a South Korean flag. For Richemont, it's the end of an adventure in luxury e-commerce. Through Sophie Baqué. Published on 08 January 2024 à 15h50 - Update on 08 January 2024 à 18h21 Resources Coupang, South Korea’s largest e-commerce company, has saved Britain’s Farfetch (H1 2023 sales up by 3% at US$1.13 billion, net loss of US$444 million) from bankruptcy via a US$500 million takeover bid. The takeover was made in association with the investment company Greenoaks,… Sophie Baqué
