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Razer, a San Francisco- and Singapore-based manufacturer of gaming peripherals, is exploring bank license applications in the US and Europe, after applying to become a regulated bank in Singapore. As a leader in esports, Razer has been pushing deeper into financial technology with its own virtual credits for gamers and a digital payments division. IDG Capital-Accel China invested $50 million in Razer in 2011.
Farfetch, a London-based luxury e-tailer, has unveiled a new global marketing drive alongside its new brand identity. The company said that the campaign brings its unique business model to life with“open-mindedness and optimism the driving forces". The campaign will be launched in New York, Shanghai and London and will include“a multi-layered international content journey for customers across the Farfetch ecosystem and community". In 2016, IDG Capital led Farfetch's Series F funding round.