11.05.2016 - Temasek backs London startup Farfetch, an online shopping site for high-end boutiques
Singapore state fund Temasek Holdings led investors who pumped in US$110 million in a London-based startup venture Farfetch, which sells clothing for high-end boutiques. Temasek's partners included China venture firm IDG Capital Partners, existing investor Vitruvian Partners and French investment company Eurazeo. This latest investment, first reported in the The Business of Fashion, brings the total capital raised by Farfetch to some US$304.5 million in close to six years, and raises its valuation to US$1.5 billion...............................................Full Article: Source
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