TIẾNG VIỆT Vietnam-based tech startup WeFit announces bankruptcy
Vietnam-based tech startup WeFit announces bankruptcy. Photo: timo.vn
Wefit - the pioneer in the fitness industry and was dubbed as “Uber of fitness sector in Vietnam” has filed bankruptcy documents to the Hanoi People’s Court since it ran out of capital and it is forced to shutdown from May 11.
The company’s exhausted situation came after the business crisis from coronavirus since the beginning of 2020, despite its efforts to restructure the business, the company said.
Accordingly, all WeWow’s products include WeFit, WeFit Point, WeJoy will be suspended from May 11, 2020. WeWow is a mobile application of Onaclover Technology that was officially launched from July 2019.
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| Khoi Nguyen, founder of Wefit. Photo: doanhnhansaigon.vn |
Wefit was founded by Khoi Nguyen in September 2016, with the goal of becoming a leading brand in the Fitness industry in Vietnam. Among Vietnamese startups, Nguyen Khoi with WeFit is considered a pioneer in bringing technology into the field of healthy and fitness.
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