Farfetch investors worried over ‘value destruction’ from Coupang takeover

Farfetch NYSE

A group of investors behind Farfetch are concerned over the “value destruction” as a result of Coupang’s acquisition of the global ecommerce giant and have appointed advisers to evaluate their options.

The group said they are “seriously concerned by the rapid and unexplained deterioration in the financial position of Farfetch between August and December 2023”.

 

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