Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

B2B Textiles M-commerce App '100 Fabrics' Completes RMB 165 Series B+

iHeima, 8/09/17

Guangzhou-based Zhijing Information Technology, the company behind self-operated B2B m-commerce app for fabrics and textiles Baibu (literally "100 Fabrics"), recently announced completion of RMB 165 mln in Series B+ funding led by Yunqi Partners, with participation from previous investors Chengwei Capital and Source Code Capital. The new funding will be used to further expand the scale of the company's business and build its supply chain systems.

Baibu has established supply chain centers in Guangzhou and Shaoxing, working in close partnership with over 800 direct suppliers and having links with 3,000 other direct suppliers. Baibu has also set up a self-operated fabric information database with over 3 mln SKUs, which covers over 80% of all fabric available in the Chinese market.

Currently, the scope of Baibu's business has expanded to major garment production cities such as Guangzhou, Foshan, Dongguan, Hangzhou, Shaoxing, Wuhan, and Chengdu, servicing over 100,000 garment production enterprises.

Editor's Note: For more information on this topic, please see "Fabrics B2B M-commerce App 'Baibu' Lands USD 8-digit Series B," MD 7/04/16 issue.

Keywords: VC Baibu B2B m-commerce funding wireless Chengwei Capital Yunqi Partners Zhijing


Please note, all fields are required.
None of your personal information will be shared with third parties.



The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports