A 10-YEAR-OLD LUXURY ONLINE GIANT THAT WEALTHY MILLENNIALS LOVE IS ABOUT TO GO PUBLIC — HERE'S WHAT YOU SHOULD KNOW BEFORE ITS IPO

Caroline McCredie/Getty E-commerce giant Farfetch is going public this week. This is a highly-anticipated move for both the tech and fashion industries — Farfetch serves luxury, an area in which Amazon has yet to make major strides. The IPO sets the company at a hefty $4.5 billion valuation, at an opening price of $15 to $17 per share. Farfetch's current CEO and founder Jose Neves will retain voting control of the company. Far...

BusinessInsider (Date:09/19/2018 15:31) Read full article >>

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