Retail Asia06/11/2020
1min0
Alibaba Group Holding Ltd 9988.HK is in advanced talks to invest nearly $300 million in online luxury fashion retailer Farfetch Ltd FTCH.N, the Information reported on Monday, citing people familiar with the matter. Shares of London-based Farfetch jumped about 16% to $32.59 following the news. The two companies are also in talks to create a Chinese joint venture, […]