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Jan 07, 2021 02:07 PM (GMT+8) · EqualOcean
Textile B2B platform "Baibu" announced today the completion of $110 million D + round financing. This round of financing is led by PLoS Yinshan capital, followed by old shareholders, and Huaxing capital is the exclusive financial consultant of this round of financing. In terms of development planning, Babu will increase its in-depth strategic cooperation with PLoS and Hong Kong Li & Fung Group in the fields of textile fabric digital supply chain, clothing intelligent manufacturing, foreign trade clothing brand, logistics and supply chain finance, so as to jointly build a vertically integrated Internet platform for China's textile and garment industry.

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