Farfetch Ltd Market cap
What is the Market cap of Farfetch Ltd?
The Market cap of Farfetch Ltd is $1.78B
What is the definition of Market cap?
Market capitalization is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding.
= outstanding shares * previous day’s close
As outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation.
Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. In performing such rankings, the market capitalizations are calculated at some significant date, such as 30 June or 31 December.
The total capitalization of stock markets or economic regions may be compared with other economic indicators. The total market capitalization of all publicly traded companies in the world was US$51.2 trillion in January 2007 and rose as high as US$57.5 trillion in May 2008 before dropping below US$50 trillion in August 2008 and slightly above US$40 trillion in September 2008. In 2014 and 2015, global market capitalization was US$68 trillion and US$67 trillion, respectively.
Market cap of companies in the Consumer Discretionary sector on NYSE compared to Farfetch Ltd
What does Farfetch Ltd do?
farfetch is an innovative e-commerce company that brings the world’s best independent fashion boutiques to an international audience. launched in october 2008, farfetch is rapidly growing into a truly global company. our family now includes more than 300 independent boutiques across europe and north america, offices in london, new york, la, tokyo, guimarães, porto and são paulo, and a team of over 500 talented people.
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