Vietnam’s e-commerce startup Leflair raises $7m funding from Belt Road, GS Shop

Leflair, a Vietnam-based e-commerce company early backed by 500 Startups, has raised a new round of $7 million funding led by Belt Road Capital Management, an executive with the Mekong sub-region investor has confirmed.

GS Shop, the South Korean limited partner in 500 Startups Vietnam fund, participated in the funding with $3 million as its first direct investment in the country, GS Shop announced in a separate announcement.

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