{keyword_context} Farfetch.com Site
The platform manages over 5 petabytes of data and processes more than 6 million queries monthly.
Following significant financial challenges in 2022—where the stock fell nearly 90% due to factors like high customer acquisition costs and shifting focus away from core fashion—the company underwent a major restructuring. {keyword_context} farfetch.com
: In a $500 million deal, Coupang acquired Farfetch to prevent potential bankruptcy. The platform manages over 5 petabytes of data
: Following the acquisition, the company reached EBITDA profitability in 2024 , reporting adjusted earnings of $30 million, though sales volumes remained below their 2022 peaks. 3. Technological Infrastructure reporting adjusted earnings of $30 million