NYSE:FTCH (Farfetch Limited)
About FTCH
Farfetch is an online platform connecting sellers and buyers of personal luxury goods. It was founded in 2008. The company partners with over 1,000 luxury goods sellers to offer their inventory on the platform. When making the retailers' stock available to almost a million active customers, the company charges a cut of around 30% (third-party take rate). The company operates digital marketplace platform Farfetch, Browns stores and acquired branded company New Guard Group.
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