Coupang, Inc. announced on Jan. 31 that it has completed the acquisition of the assets of global online luxury company Farfetch Holdings plc. With access to $500 million in capital, this acquisition enables Farfetch to continue providing its renowned services to its brand and boutique partners and more than four million customers worldwide. By leveraging Coupang’s operational expertise and advanced logistics, Farfetch is now well-positioned to pursue steady and thoughtful growth, the company said.

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