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Portugal
09 November 2020

Farfetch Raises USD 1.1 Bn Investment from Alibaba and Richemont to Expand in China
Online fashion retailer Farfetch, founded by portuguese entrepreneur José Neves, will get a USD 1.1bn investment from Chinese tech giant Alibaba and Swiss watch and jewellery group Richemont, to be used to expand in the fast-growing luxury goods market in China.
04 November 2020

Alibaba in “advanced discussions” to invest USD 300 million in online retailer Farfetch
Chinese e-commerce giant Alibaba is reportedly in “advanced discussions” to invest nearly USD 300 million in online luxury fashion retailer Farfetch, created by Portuguese entrepreneur José Neves.
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