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Farfetch Reports Surging Revenue, Acquires JD.com's Luxury Platform for $50 Million

Farfetch said revenue jumped 55 percent in the fourth quarter from the same period last year and that losses narrowed. The marketplace's China platform will also become the entry point for JD.com's luxury customers.
JD.com's automated logistics and warehouse complex in Gu'an, China | Source: Getty Images
By
  • Zoe Suen

LONDON, United Kingdom — 

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