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Coupang's Leap: Rocket Delivery And Farfetch Deal Fuel E-Commerce Surge (NYSE:CPNG)

Coupang's Leap: Rocket Delivery And Farfetch Deal Fuel E-Commerce Surge (NYSE:CPNG)
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[KH Explains] Coupang's Farfetch gambit: Was the deal undervalued?

In December last year, South Korean e-commerce giant Coupang made a surprise announcement that it was buying Farfetch, the British luxury shopping platform, in a $500 million deal. The highly-publicized acquisition seemed like a win-win for both: Coupang’s global expansion could be accelerated, backed by Farfetch’s extensive business network, while cash-strapped Farfetch could streamline its operations to. ....

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Farfetch $500m Lifeline As Coupang Swoops To Buy Online Retailer

U.K.-based Farfetch Holdings is to be acquired by South Korean Coupang Inc. in a deal that will give Farfetch access to $500 million of emergency capital. ....

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