Farfetch ups IPO price range, could hit $5.5B valuation
September 20, 2018
Internet Retail | London, UK | IPO
Online retail platform Farfetch has increased the price range for its forthcoming IPO to between $17 and $19 per share, per an SEC filing, giving it a potential valuation of some $5.5 billion. The company had announced its previous range, between $15 and $17, two weeks ago. Farfetch expects to raise around $446.5 million from the float.