Farfetch Raises $86M; Valued at $1BN

▤ Summary

Backers included Yuri Milner’s DST Global and existing shareholders Conde Nast International and Vitruvian Partners.The company, which has raised a total of more than $195m, intends to use the funds to launch local language websites in German, Korean and Spanish.Founded in 2008, Farfetch is a global community of over 300 fashion boutiques offering an inspirational shopping experience to fashion-forward consumers.The independent boutiques within the community, located in Paris, New York, Milan, Bucharest, Riyadh, Seattle, etc.The company has offices in London, New York, Los Angeles, São Paulo and Porto.

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