Last December, the news that the South Korean e-commerce giant Coupang had acquired the ailing luxury e-commerce platform Farfetch, rescuing it from the brink of bankruptcy, was still fresh in the minds of many. However, the acquisition plan seems to have hit a snag.
Tag: Coupang
On December 18, luxury e-commerce platform Farfetch, which was on the verge of bankruptcy, was reportedly being acquired by South Korean e-commerce giant Coupang for $500 million.