You have #SHOP #MELI #SE #BABA and #AMZN?
and believe in the shift to remote “everything”
Here is an UNKNOWN COMPANY that has gained 180%
in 1 YEAR and is growing by 75%+ 
It is going big on China
and has merged its Chinese operations with $JD
Short Thread

Here is an UNKNOWN COMPANY that has gained 180%


It is going big on China

Short Thread

Farfetch $FTCH is an online luxury shop that connects buyers with over 1.300 luxury boutiques 
It also offers e-commerce tools
such as logistical intelligence and key stats to shops listed on its website
Its revenue
comes from the sales of more than 3.000 luxury brands

It also offers e-commerce tools

Its revenue




Besides a 1-time write-off of $212m this quarter, all seems to go well for $FTCH
Management team has a strong track record in the fashion business and is driving $FTCH towards a profit
Key question is whether they have loyal customers
and a MOAT
in the luxury play




$FTCH enjoyed a COVID related boost as its active consumers reached 2.5m, up from 1.7m a year earlier 
Their loyalty program
has over 2m enrolled customers and app installs
more than DOUBLED YoY

Their loyalty program


However, Average Order Value decreased from $600 to $493 as new customers may need some more time to spend bigger
on the platform









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Here is the case for $FTCH - would love to hear your take on that! 
@JeaYu21
@Man__Uses
@foing
@MadMraket
@ignacio_sm
@honu2000
@followtheh

@JeaYu21
@Man__Uses
@foing
@MadMraket
@ignacio_sm
@honu2000
@followtheh
Sources
✑ https://www.fastcompany.com/company/farfetch
✑ https://www.ft.com/content/64649eb8-4307-11e9-b168-96a37d002cd3
✑ Investor presentation
✑ https://www.mckinsey.com/
✑ https://www.fastcompany.com/company/farfetch
✑ https://www.ft.com/content/64649eb8-4307-11e9-b168-96a37d002cd3
✑ Investor presentation
✑ https://www.mckinsey.com/