Better Buy: Farfetch vs. Shopify
Farfetch (NYSE: FTCH) and Shopify (NYSE: SHOP) are two very different e-commerce companies. Farfetch, which is based in London, operates a third-party marketplace that sells nearly 1,300 luxury brands to buyers across the world. It also owns the London-based retailer Browns, the New York-based sneaker and streetwear reseller Stadium Goods, and the Milan-based luxury streetwear company New Guards Group.
Shopify, which is based in Ottawa, provides e-commerce services for independent merchants. It offers self-serve tools for creating e-commerce websites, processing payments, fulfilling orders, and managing marketing campaigns. That unified platform is an ideal one-stop shop for merchants who want to manage their own online businesses instead of joining a massive third-party marketplace like Amazon.
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Source Fool.com
