| Founded | 2007 |
|---|---|
| Closed | 2024 |
| Country | UK |
| Sector | Marketplace |
| Collapse type | Fire Sale |
Farfetch
"London luxury fashion marketplace that reached a $20B valuation and raised $1.7B before Coupang rescued it for $500M — a 97.5% value destruction."
Distressed acquisition below last-round valuation
Key Events Timeline
Farfetch became the global marketplace for luxury fashion, IPO'ing in 2018 and reaching a $20B market cap in 2021.
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