Wednesday, May 4, 2016

Farfetch closes round of over € 95 million to expand – Jornal de Negócios – Portugal

Farfetch, founded and led by José Neves (pictured), has closed a series F financing round worth 110 million dollars, more than 95 million euros, advances the Business of Fashion and the Evening Standard.

This financing round was led by Temasek fund (sovereign fund of Singapore), the Chinese fund IDG Capital Partners and the Eurazeo fund, according to the Business of Fashion. Details of the operation are not known, however, market sources cited by this publication indicate that with this round of financing start-up of José Neves reaches a rating of 1.5 billion dollars – nearly 1.3 billion euros.

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