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Farfetch Seeks Last-Minute Bailout to Avoid Insolvency

Moody’s Downgrades Farfetch’s Credit Rating Amid Cash Troubles

Farfetch is in discussions with a liquidity provider to secure $500 million in emergency funding, in a deal that would also take the company private and wipe out shareholders, according to a report from The Sunday Times. Farfetch’s existing investors venture capital firm Dragoneer and Chinese tech giant Tencent are reportedly helping Farfetch negotiate with the still-unnamed private equity-backed firm.

Farfetch’s founder and chief…


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Chad holds divisive post-coup constitutional referendum

Chad holds divisive post-coup constitutional referendum

New modern residential buildings along the canal in the Vathorst district in Amersfoort.

‘Europe’s city of the year’ is an undiscovered Amsterdam alternative