JD.com and Advance Publications both hold stakes greater than 5% in the fashion e-commerce platform, which has raised more than $700m in funding.

UK-based online fashion retailer Farfetch filed yesterday to raise up to $100m in an initial public offering that would provide exits for media group Advance Publications and e-commerce company JD.com.

Farfetch runs an online marketplace that connects designers and creators of luxury fashion items with a base of some 2.3 million customers.

The company increased revenue 55% year on year to almost $268m in the first six months of 2018, though its net loss also grew, from $29.3m to…