Textile B2B trading platform Baibu completed USD 300 mln Series D funding - ChinaKnowledge

Funding Rounds

▤ Summary

Dec 17, 2019 (China Knowledge) - Textile and fabric trading firm Baibu has successfully raised USD 300 mln (RMB 2.1 bln) in its Series D funding round. Founded in 2014, Baibu is a B2B e-commerce trading platform headquartered in Guangzhou, with a key focus in fabric clothing and textile-related supplies. The company also provides services in ERP platform and inventory management system to assist customers in the procurement of textile supplies. The company also claims to have recorded the biggest Series D funding round ever in the textile industry in China. The latest funding round was led by investment firms DST Global and CICC Capital.

$ Funding

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Amount $300.0M Total raised
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Date December 17, 2019 Announcement date
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Investors Chengwei Capital, Bull Capital Partners, DST Global, Tiger Global Management, YUNQI PARTNERS Lead investors
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Company http://www.baibu.la Funded company

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applications
ERP & Process Management

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