British fashion dealer Farfetch became another start-up to qualify for the Unicorn Club.

Source: Internet
Author: User
Keywords Facebook facebook aim this time.
Tags facebook financing start start-up twitter

Absrtact: 36 Krypton There was an article "for Lei and Zuckerberg on the road", which was reprinted many times before, and the protagonist was Russian investment godfather Yuri Milner and the DST fund it administered. After a successful bet on Facebook, Twitter, Flipkart,

36 Krypton was preceded by a number of reprinted, received a lot of praise of the article "for Lei and Zuckerberg to the road," the protagonist is the Russian investment godfather Yuri Milner and its management of the DST fund.

After successfully betting on companies such as Facebook, Twitter, Flipkart, Alibaba, and millet, the British fashion dealer Farfetch became one of its other start-ups to qualify for the Unicorn Club.

In Wednesday, Farfetch officially announced a 86 million-dollar round of financing, valued at $1 billion trillion. Funded by DST funds, with the cast including Nast Analysys (Group owned fashion magazine Vogue, GQ) and Vitruvian.

Jose Neves, founder and chief executive, said the round of financing would be used to open up new markets around the world, achieve direct access to parts of the country and create VIP clubs. The company's latest fundraising was last May, when it received $66 million trillion in D-round financing.

Founded in 2007, the london-based fashion dealer has assembled more than 300 independent designer boutiques, many of which are renowned boutiques such as London's Browns, The L ' Eclaireur of Paris, the smets of Luxembourg, also welcomed the emergence of buying shops.

The diversity and mix of Farfetch is reflected not only in the retail partners, but also in the variety of products they sell. It can be bought Versace, Alexander McQueen, Dolce&gabbana luxury brands, can also be collected from a number of cutting-edge independent designer works.

And Taobao's model is somewhat similar, Farfetch is not responsible for the seller's inventory, by Third-party retail partners and consumers to trade. Although not yet profitable, the platform's daily sales of goods have amounted to $1 million trillion, attracting more than 45万来 from 180 countries each year. Last year, the company began to accelerate the distribution of emerging markets to China, Russia, Japan and other countries began to expand.

Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.