Afternoon News Roundup: Cash-strapped Vietnamese e-commerce firm Leflair declares bankruptcy

Vietnam’s e-commerce startup Leflair declares bankruptcy after facing capital crunch Leflair, a premium e-commerce platform in Vietnam, has filed for bankruptcy,  according to DealstreetAsia. The startup owes about US$2 million to 500 partners, according to several reports. In February this year, Leflair, which deals in premium products, had  announced its decision to cease the local […] The post Afternoon News Roundup: Cash-strapped Vietnamese e-commerce firm Leflair declares bankruptcy appeared first on e27.