February 23, the London-based luxury e-commerce group Farfetch reported financial results for the fourth quarter and full year ended December 31, 2022: FY 2022’s record revenue rose 3% to $2.3 billion, or 12% in constant currency; Revenue in Q4 fell 5% year over year to $629 million, or 2% in constant currency.
Moreover, as an online marketplace, Farfetch generates revenue growth by increasing the number of platform users, as well as the amount spent by each buyer. Over the past two years, Farfetch’s number of active buyers, a key usage metric for the company, has grown s …
