Farfetch files for IPO to trade on NYSE as FTCH; has nearly 1B active users of its luxury goods marketplace
https://techcrunch.com/2018/08/20/farfetch-files-for-ipo-to-trade-on-nyse-as-ftch-has-nearly-1b-active-users-of-its-luxury-goods-marketplace/
Farfetch, the UK-based marketplace for high-end fashion and other luxury goods, has confirmed its plans to go public. According to an F-1 form filed with the SEC, the company plans to list on the New York Stock Exchange under the ticker FTCH.
An IPO for the company has been in the works for some time, and sources had been telling us to expect something this summer. Farfetch has not specified yet how much it plans to raise, but various reports have pegged the listing to come between $6 billion valuation (CNBC), or as high as $8.37 billion after it lists (Pitchbook).