(Bloomberg) Farfetch Ltd. secured a lifeline from e-commerce company Coupang Inc., which agreed to lend $500 million, buy the assets and delist the troubled fashion platform’s shares.Most Read from BloombergApple to Halt US Sales of Smartwatches After Patent LossUS Frackers Return to Haunt OPEC’s Pricing StrategyApple Plans Rescue for $17 Billion Watch Business in Face of BanGulf Splits Hinder US Efforts to End Houthi Ship AttacksDocuments Reveal Hidden Problems at Russia’s Nuclear Powerhouse
(Bloomberg) Farfetch Ltd. secured a lifeline from e-commerce company Coupang Inc., which agreed to lend $500 million, buy the assets and delist the troubled fashion platform’s shares.Most Read from BloombergApple to Halt US Sales of Latest Watches After Patent LossUS Frackers Return to Haunt OPEC’s Pricing StrategyBP to Pause All Tanker Transits Through the Red SeaGulf Splits Hinder US Efforts to End Houthi Ship AttacksDocuments Reveal Hidden Problems at Russia’s Nuclear PowerhouseCoupang, wh
Farfetch Gets Backer With $500 Million Injection From Coupang bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
ThredUp: Softening Consumer Demand Expected (NASDAQ:TDUP) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.