Covid-19, competition and cash flow woes: Finance Ministry outlines FashionValet’s collapse to Parliament

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Khazanah Nasional Berhad ข่าว

PNB,Vivy Yusof,Fashionvalet

KUALA LUMPUR, Nov 14 — The Ministry of Finance has identified three factors that are said to have contributed to the collapse of online fashion business FashionValet, resulting...

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“As FashionValet sought to transform into a multi-channel shopping platform, it rapidly expanded its physical store presence. “The challenging fundraising environment at that time also hindered FashionValet’s attempts to secure fresh funding,” he stated. “To remain operational and resolve cash flow issues, FashionValet urgently required capital from new investors, but received limited interest,” he added.

“The final findings will help improve governance within the involved government-linked investment companies ,” he said.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 1. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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