UK-based fashion e-commerce brand Farfetch is preparing to interview bankers for an initial public offering that would enable e-commerce firm JD.com to exit, CNBC reported on Tuesday citing sources familiar with the matter.
The offering could take place before the end of 2018 in New York and could value the company at as much as $5bn, the sources said.
Founded in 2008, Farfetch functions as a curated online storefront for a network of more than 700 men’s, women’s and children’s…
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