China’s JD.com invests heavily in e-commerce platform Farfetch

Reading Time: 2 minutes Post Views: 2,780 In its zest to create a premier platform for luxury e-commerce across China, the country’s e-commerce retailer JD.com has made a strategic investment of $397 million in Farfetch, a global e-commerce platform for the fashion industry. “We are deeply honored and excited to be announcing this partnership with Richard Liu and JD.com,” says José Neves, founder, co-chairman and chief executive officer, Farfetch. “China is the world’s second largest luxury market, and we are delighted to have such a respected partner, known for its strict protection of IP,…

Read More