Textile fabric one-stop intelligent supply chain service platform — Baibu today announced the completion of a $110 million D+ round of financing led by GLP Hidden Hill Capital, with existing shareholders following up.

 

Baibu, Quanbu, Feisuo Zhifang and other business platforms belong to Zhijing Technology. Zhijing Technology comprehensively uses the industrial Internet approach to explore various industry empowerment methods and build a vertically integrated digital comprehensive service platform for textiles and apparel.

 

Among them, the Baibu platform cuts into the circulation segment, connecting first-tier merchants with downstream small and medium-sized garment manufacturing factories, and building a finished fabric e-commerce platform; the Quanbu platform cuts into the upstream textile fabric intelligent production and digital circulation segment, creating a textile fabric intelligent manufacturing cloud factory.

 

Baibu stated that after this round of financing, it will increase in-depth strategic cooperation with GLP and Hong Kong-based Li & Fung Group in areas such as textile fabric digital supply chain, garment intelligent manufacturing, foreign trade garment brands, logistics and supply chain finance.