Alibaba invests in luxury goods group FARFETCH Alibaba announced that it will jointly invest in FARFETCH with the luxury goods group Richemont, each with an investment of US$300 million to purchase privately placed convertible bonds issued by the company. The three parties will establish a joint venture company in China to operate FARFETCH’s online sales […]
China Tech Digest: Alibaba Invests In FARFETCH, Douyin Pulls In $115M In Oct comes from China Money Network: Primary Data for China’s Primary Markets! All Rights Reserved.